In a surprising turn of events, Airtime, the tech venture founded by Phil Libin, co-founder of Evernote, has entered what many are calling a 'layoff season.' According to recent reports, the company has significantly reduced its workforce as part of a strategic restructuring effort in 2025. This move comes amidst broader challenges in the tech industry, where layoffs have become a recurring theme.
Airtime, initially launched as a social media and video chat platform, has struggled to maintain its footing in a competitive market. The layoffs, which reportedly affect a substantial portion of its staff, are said to be a response to financial pressures and the need to refocus the company’s direction. While exact numbers remain undisclosed, insiders suggest the cuts are deep and impactful.
Phil Libin, known for his innovative leadership at Evernote, has yet to publicly comment on the specifics of the layoffs. However, sources indicate that the company is pivoting towards a new business model, potentially moving away from its original vision. This shift could signal a broader trend among tech startups forced to adapt to economic uncertainties.
The tech sector as a whole has seen over 62,000 layoffs in 2025 alone, with giants like Google, Microsoft, and Amazon also trimming their workforces. Airtime’s challenges are not isolated, as many companies grapple with cost-cutting measures in a volatile economic climate. Employees affected by the layoffs at Airtime are reportedly being offered severance packages, though details remain sparse.
Industry analysts are watching closely to see how Airtime will reposition itself following these cuts. Will this be a stepping stone to a more sustainable future, or a sign of deeper troubles? The coming months will be critical for Libin and his team as they navigate this turbulent period.
For now, the story of Airtime serves as a stark reminder of the precarious nature of the tech industry. As layoffs continue to ripple through the sector, both employees and investors are left questioning what lies ahead for innovative but struggling ventures like this one.
Maria Lourdes
