SoftBank-Backed Whatfix Fires 60 Employees

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SUMMARY

Sources added that the layoffs were triggered by increased adoption of artificial intelligence (AI) within the company

“As part of this shift, approximately 6% of our current headcount was impacted, with around 4% in our GTM teams to better align our go-to-market motion with the strong traction we are seeing in our AI-first product lines,” the startup said

Founded in 2013 by Khadim Batti and Vara Kumar, Whatfix is a SaaS soonicorn that offers businesses an AI-powered digital…



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SoftBank-Backed Whatfix Fires 60 Employees


SUMMARY

Sources added that the layoffs were triggered by increased adoption of artificial intelligence (AI) within the company

“As part of this shift, approximately 6% of our current headcount was impacted, with around 4% in our GTM teams to better align our go-to-market motion with the strong traction we are seeing in our AI-first product lines,” the startup said

Founded in 2013 by Khadim Batti and Vara Kumar, Whatfix is a SaaS soonicorn that offers businesses an AI-powered digital…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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