Humane, the AI wearable device developer behind the groundbreaking AI Pin, which was announced late last year but has yet to be delivered, recently announced the layoff of 10 employees, accounting for 4% of its workforce. Additionally, the company is undergoing a restructuring with its CEO transitioning into a consulting role after being in the position for 5 years.
According to Bethany Bongiorno, the CEO and co-founder of Humane, the company is now embarking on a new chapter as it begins developing products for the general market. This growth necessitates a restructuring of the management structure to accommodate these changes.
It is important to note that this announcement may not indicate any issues with Humane’s popular AI hardware. The company has made it clear that there are clear reasons behind the decisions that have been made.
TLDR: Humane, the AI wearable device developer, recently laid off 10 employees and is undergoing a restructuring as it transitions into developing products for the general market. The company’s CEO will now serve as a consultant after being in the position for 5 years. The announcement does not imply any problems with Humane’s AI hardware.
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