Bobble AI lays off 50 employees amid organizational redesign

Bobble AI, the homegrown AI-powered communication and data intelligence startup, has laid off about 50 employees in a recent round of restructuring, according to three sources aware of the matter.

“The move was communicated internally and has been attributed to the company’s ongoing fundraising challenges. The layoffs were linked to the slowdown in closing fresh funding,” said a source, requesting anonymity.

Bobble AI confirmed the development to Entrackr.

“Bobble AI recently undertook an organizational redesign to align with our long-term…