Humane lays off staff before its 'Ai Pin' begins shipping

Wearable startup Humane AI laid off four percent of its employees before it has started shipping its Ai Pin, The Verge has reported. Leadership reportedly told employees that budgets would be lowered in 2024, according to sources familiar with the matter. The cuts were implemented earlier this week and affect around 10 people. On LinkedIn, CEO and co-founder Bethany Bongiorno called the cuts "part of a wider refresh of our organizational structure as our company evolves with purpose for this next phase of growth." She added that CTO Patrick Gates will be transitioning to an advisor role, and that Humane AI had promoted new heads of hardware, software and others as part of a reorganization.