Amid an industry-wide downturn, Nasdaq-listed enterprisetech major Freshworks laid off ‘less than 2%’ of its workforce as part of an organisational reshuffle.
To fuel our business growth, we made organisational changes to create better alignment across the company. We shifted some existing product, marketing, and sales roles to support more critical initiatives while eliminating the need for a small number of others – less than 2% of our workforce. According to media reports, up to 90 employees from Freshworks’ sales, marketing, and engineering verticals have been let go. Chargebee laid off 10% of its workforce in November, while SaaS platform Clear laid off 190-200 employees in September.
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Amid an industry-wide downturn, Nasdaq-listed enterprisetech major Freshworks laid off ‘less than 2%’ of its workforce as part of an organisational reshuffle.
To fuel our business growth, we made organisational changes to create better alignment across the company. We shifted some existing product, marketing, and sales roles to support more critical initiatives while eliminating the need for a small number of others – less than 2% of our workforce. According to media reports, up to 90 employees from Freshworks’ sales, marketing, and engineering verticals have been let go. Chargebee laid off 10% of its workforce in November, while SaaS platform Clear laid off 190-200 employees in September.
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.
StartupNews.fyi is a leading global startup and technology media platform known for its end-to-end coverage of the startup ecosystem across India and key international markets. Launched with the vision of becoming a single gateway for founders, investors, and ecosystem enablers, StartupNews.fyi has grown steadily over the years by publishing tens of thousands of verified news stories, insights, and ecosystem updates, reaching millions of startup enthusiasts every month through its digital platforms and communities.
