Brave Software, the company behind the popular Brave browser and search engine, along with other projects, is set to separate approximately 9% of its workforce across various departments. The company, headquartered in San Francisco, California, cited challenging economic conditions as the driving force behind this decision.
The company's spokesperson provided an explanation for this move, indicating that it is a response to the tough economic challenges faced by the company. The exact number of employees affected by this measure has not been specified.
The spokesperson further clarified that the company has implemented other cost-cutting measures at present, including the elimination of certain positions as part of its efforts to manage costs in this challenging economic climate.
It is worth noting that the company has previously taken additional measures to reduce expenses and increase revenue, such as discontinuing the Bing search engine results index and offering paid plans through its application programming interface for its proprietary search engine.
The company's browser and search engine distinguish themselves by placing a strong emphasis on user privacy and security. They block ads and trackers during browsing and provide additional paid services like a built-in firewall and VPN service. The browser itself is available for free download and use on both mobile devices and computers.
In a related context, the company is currently in the process of testing an artificial intelligence assistant named Leo within its browser. They plan to offer it for free to all users, with premium options available through a subscription model.
It's important to mention that many technology companies have had to downsize their workforce to varying extents due to the economic challenges stemming from the COVID-19 pandemic.
Trump Enters a 3-Month Legal Battle on Fraud Charges
Erdogan: Turkey Could "Part Ways" with the European Union if Necessary
