Ex-employee claims startup shut down overnight, 19 staffers got laid off

Dharini Mudgal, Published on Jul 9th, 2025

Ex-employee claims startup shut down overnight, 19 staffers got laid off

A Reddit user recently shared how a four-year-old startup he was working with shut down overnight, leaving 19 employees jobless. The person said, "We all got an unexpected email from the CEO...He told us...the company had completely run out of money. We wouldn’t be getting paid this month...the company was shutting down." "There was no warning...No bridge funding," he added.

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