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Freshworks is laying off 660 employees, or 13% of its workforce, amid a restructuring effort.
Freshworks, a California-based software company, is laying off 13% of its workforce, impacting 660 employees, as part of a restructuring effort to enhance operational efficiency.
This decision follows strong third-quarter results, leading to increased revenue and profit forecasts.
Freshworks now projects annual revenue of $713.6 million to $716.6 million and adjusted profit per share of 38 to 39 cents.
The restructuring will incur estimated charges of $11 to $13 million.
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Freshworks está despidiendo a 660 empleados, es decir, el 13% de su mano de obra, en medio de un esfuerzo de reestructuración.