Humane, a Silicon Valley startup, has recently announced a 4 percent reduction in its workforce, affecting 10 employees. The move was attributed to cost-cutting measures and the need to lower budgets. The company is preparing to launch its first product, an AI-powered pin marketed as a smartphone replacement, after securing over $200 million in funding from prominent Silicon Valley investors. CEO Bethany Bongiorno framed the cuts as part of a wider organizational restructuring in preparation for the company’s next phase of growth, also announcing the transition of the founding CTO to an advisory role and the promotion of new heads of hardware, software, and people. Despite her description, sources familiar with the matter stated that the affected employees were indeed informed of the cuts, both verbally and in writing, contrary to Bongiorno’s acknowledgment.