RapidAPI, valued at $1 billion last year, cuts staff by 50%

TechCrunch
By Mary Ann AzevedoApr 25, 2023, 12:38 pm286 pts
Rapid (previously known as RapidAPI), a startup that built out an API marketplace valued at $1 billion last year, is cutting 50% of its staff TechCrunch has learned. According to an email to employees from CEO Marc Friend viewed by TechCrunch, the move is part of “a significant restructuring” in an effort…

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