Sharan Hegde of the 1% Club lays off 15% of staff to address hiring errors and streamline operations.
Sharan Hegde, founder of the 1% Club, has laid off 15% of his workforce due to hiring missteps and redundant expenses. This move, the company's first since its 2022 launch, aims to streamline operations through AI-driven efficiencies. The 1% Club, which offers financial education and tools, has rapidly grown to 85,000 users and over 400,000 paid customers, emphasizing the role of AI in enhancing various functions.
5 months ago
10 Articles
You have 7 free stories remaining this month. Subscribe anytime for unlimited access.