Low-code software platform Airtable to lay off 27% of workforce

San Francisco: Airtable, a low-code platform for building collaborative apps, has announced to lay off about 27 per cent of the workforce, or 237 employees, in the second round of job cuts.

According to Forbes, the cuts are part of a strategy to focus the company on winning large enterprise clients while also controlling spending.

“The market has tipped towards favouring efficient growth over growth at all costs. We must operate the business in a more mature way that puts us on a path to become a public company and to have durability and efficiency in how we grow,” Howie Liu, Airtable’s founder and CEO, was quoted as saying.