Layoffs21mo
by PrancingBobaJournalist
Layoffs
on
MagicalLlama
Freshworks 3rd Round of Layoff.. As per founder, worst is yet to come
26mo ago
Talking product sense with Ridhi
9 min AI interview5 questions
JazzyPancake
Stealth26mo
There are roles that have gotten redundant like some roles within diversity, equity, and inclusivity teams some in the content and HR side. So those roles are eliminated by the company now,” the employee quoted above said.
ZippyBoba
Stealth26mo
Wow I thought they didn't discriminate on the basis of diversity, equity and inclusion
DancingNoodle
Uber26mo
How much money does the company have in the bank? Was this layoff genuinely necessary or is it an excuse to fire people & profit?
WobblyNugget
Stealth26mo
Follow the herd. Everyone's doing it. So I'll also do it. Profit > Employees.
SquishyUnicorn
Bombay Play7mo
1.1 or 1.2 Billion dollars. They are cash flow positive.
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Layoffs7mo
by PerkyNoodleAnalyst
Freshworks layoff 660 employees
Read news here: https://yourstory.com/2024/11/freshworks-cuts-13-of-its-workforce-impacting-660-employees
Top comments
Aaand they are up 5.2% today Investors reacting favourably We're all adults here but capitalism is funny
For some context- AI has emerged to be one of the biggest threat to SaaS. Excerpts from the death of saas (https://a...
by CosmicTacoGrapevine
Freshworks Announces $400M Buyback and 660 Layoffs
- Freshworks has approved a $400M stock repurchase program.
- The company is laying off 660 employees, a 13% reduction in workforce.
- CEO Dennis Woodside expects higher cash flows from business streamlining.
- Despite the buyback, Fresh...
Layoffs19mo
by SillyMochiLawyer
Fresh round of layoffs to happen
There are rumours that fresh rounds of layoffs were to happen in next two weeks. Here is my take on the layoff spree.
High inflation, low jobs, less on spending, economic meltdown for IT employees, impact on IT cities like Bengaluru, Hy...
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Bc 1 controlled recession bnta h for real estate...matlab kuch v mang re ajkl flat sale ya rent k lie