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VRChat is Laying Off 30% of Team

Below is the full text of an email sent to our team today. Aside from removing some email addresses and formatting, there are no redactions or edits. To: All VRChat Employees Personal and Company Emails From: Graham Gaylor, CEO Subject: Important Announcement - Company Update - June 2024 Hi everyone, Today, I have some very hard and sad news to share. We’re reducing the size of our team by around 30% and saying goodbye to many talented team members in the process. This is the hardest chan...

Our responsibility is to maintain and grow the space we’ve created in VRChat, where so many people have found friends, family, and happiness – and most of all, to bring that opportunity to everyone. We hired tremendously talented people who worked on a lot of great ideas and projects, but without a management layer to align everyone towards the same goals, we did not set everyone up for success. To take control of our own destiny and not solely depend on market-driven outside investment, we’re placing an emphasis on capital efficiency to ensure VRChat thrives.

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