In an undated blog published just before the December holiday break, Infogrid announced a restructuring, making a significant number of roles redundant in the process. The letter from Infogrid founder and CEO, William Cowell de Gruchy written to his team members confirms that the company would be “saying goodbye to a significant number of passionate and talented people over the next weeks and months”. He acknowledges that the company went too fast in its high-growth plans and is now paying the price for that strategy, due to the drastic changes in the investment landscape this year, the economic slowdown and the likelihood of a serious recession. Infogrid is a London, UK-based startup founded in 2018, providing an Internet of Things (IoT) platform to enable smart buildings by combining real-time IoT sensors with proprietary AI analysis to translate data into insight. With many diverse enterprise customers using its solution globally, Memoori had identified the business as […]