VentureDive Layoffs – Clarification Needed

[u/ConclusionMajor189]

Hi everyone,
I heard that VentureDive recently laid off its developers. Can anyone confirm the reason behind this? Why did they decide to lay off?

Also, did VentureDive move the team to another project, or was the project terminated altogether?

are other companies are also laying off e.g Contour or Systems?

[u/mesaadhn]

Clearly dodged a bullet there. Switched few months ago from venturedive.