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Proptech Firm Latch Slashes Workforce Nearly 60%

Written by Lauren | Jul 17, 2023 1:29:17 PM

Proptech company Latch is laying off 59% of its U.S. and Taiwan-based workforce by November, or about 82 positions, according to a filing with the Securities and Exchange Commission, and putting new executives in place, including a new chief technology officer, chief financial officer, vice president of operations and other positions.