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Dubai News Club > Tech > Substack CEO says he’s ‘very sorry’ about laying off 13 people
Tech

Substack CEO says he’s ‘very sorry’ about laying off 13 people

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Last updated: 2022/06/30
Press Room
Published: June 30, 2022
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Substack CEO says he’s ‘very sorry’ about laying off 13 people
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Substack is the latest tech company to announce layoffs, with the company’s CEO Chris Best tweeting on Wednesday that he’s letting 13 workers go. According to Axios, that’s around 14 percent of Substack’s workforce. In his letter and follow-up tweets, Best cites “market conditions” as the reason behind the layoffs.

He also admits that the move may be a surprise to some employees. “Not so long ago, I told you all that our plan was to grow the team and not do layoffs,” he…

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