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Kaodim layoffs — June 2, 2022

Kaodim, a consumer company based in Malaysia, announced a round of layoffs on June 2, 2022. At the time, the company was at the Series B stage. The layoff was reported by this source.

Company

Kaodim

Employees laid off

Not disclosed

Date

June 2, 2022

Industry

Consumer

Country

Malaysia

Company stage

Series B

Total raised (pre-layoff)

$17M

Source: https://www.thestar.com.my/tech/tech-news/2022/06/02/malaysian-startup-kaodim-to-shut-down-on-july-1-cites-rising-costs-among-challenges#:~:text=Kaodim%20has%20announced%20that%20its,operational%20from%20July%201%2C%202022

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