Hot Take Brave lays off 9% of its workforce

[Gandalf_The_Grey]

Brave Software, the maker of Brave Browser and Search, confirmed that it has laid off 9% of its staff across departments.

The company didn’t specify how many people were affected, but it corroborated the development and said the decision was driven by the tough economic climate.

“Brave eliminated some positions as part of our cost management in this challenging economic environment. Several departments were affected, amounting to 9% of our staff,” a company spokesperson told TechCrunch in a statement.

The company has been taking steps to bolster its revenue sources this year. In April, Brave Search ditched Bing Index to start relying on its own indexing solution. In May, the company released its own search API for clients with plans starting from $3 per 1,000 queries. The API also offers different plans for AI data model training, data with storage rights, spellcheck, and autosuggest. Last month, Brave introduced image, news, and video results as a part of its Search API.

Brave has also been testing a native AI assistant called Leo for its browser. While it plans to make it available to all users, Brave said that Leo will have a premium tier with features like higher rate limits and access to more conversation models. The company noted that this will help it pay for the cost of API access and hosting.

Brave lays off 9% of its workforce | TechCrunch

Brave Software, the maker of Brave browser and search, confirmed that it has laid off 9% of its staff across departments.

techcrunch.com

 

[ForgottenSeer 97327]

Brave's ambition (like Vivaldi) to offer an alternative advertising scheme to Google is hard to realize. For advertising you need audience. Audience which is now using Chrome, Edge, Firefox or Safari browser. People are creatures of habit, unless a browser offers a compelling reason to switch, they will stay on their familiar browser.

 

[oldschool]

No doubt trouble in the BitCoin realm has hurt them in the pocketbook.

 

[ZeroDay]

I have Brave installed but I hardly use it. I use Chrome on my PC and Safari on my Macbook.

 

[Marko :)]

I'd switch to Brave immediately if they got rid of the crypto scam part of the business. There are other legit ways to earn money as a business. Crypto just isn't one of them; it's fraud, literally.

 

[Chuck57]

I used Brave browser for almost a year. No complaints with it at all. Recently, I moved to Firefox for no particular reason, other than I wanted to try out Firefox.

 

[jogs]

Many people fear that Robots and AI are going to take away their jobs. But I don't fear that.
They can never take away my job, they can never come close to me.
They can never be as stupid as me.

 

[Marko :)]

Many people fear that Robots and AI are going to take away their jobs. But I don't fear that.
They can never take away my job, they can never come close to me.
They can never be as stupid as me.

 

[TairikuOkami]

I ditched Bing for Brave, because of AI, it made it unusable, bloated results with promos and the results start 3 pages down, not to mention ignoring settings and giving me local results.

 

[WhiteMouse]

What if this image was created by DALL-E?