In a move to streamline operations, Pocket FM has laid off around 100–130 employees, accounting for nearly 10% of its total workforce, according to a report. The decision is part of the company’s strategy to improve efficiency and increase revenue per employee.
Most of the impacted employees are either on severance due to inactive roles or have been asked to improve performance to retain their positions.
Reports indicate that additional layoffs could follow, potentially affecting up to 15% of the workforce by June 2026. Some employees may also lose access to internal systems by July 2026.
At the same time, the company is restructuring its workforce model. Over 2,000 contract workers, including designers and content writers, are being moved to Quess Corp’s payroll as part of a partnership aimed at ensuring smoother operations.
Despite the workforce changes, Pocket FM continues to show strong financial performance. The company recently reported an annual recurring revenue (ARR) of $450 million and is currently seeking new funding at a valuation between $1.5 billion and $2 billion.
This growth has been supported by the company’s focus on AI-driven content creation and its ongoing global expansion strategy.
The developments highlight a broader trend where companies are balancing cost optimisation with investments in AI and scalable growth models.
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