Gong, a conversation analytics unicorn, has laid off 80 employees, representing 7% of its workforce, as part of a restructuring effort driven by slower-than-expected growth amid challenging macroeconomic conditions. CEO Amit Bendov stated that the company is adapting to its projected income, with the cuts primarily affecting support, sales, and administrative roles, while core R&D remains intact. This follows a smaller layoff of 15 employees three months prior. Despite the reduction, Gong continues to onboard new clients and anticipates no further layoffs this year. The company, valued at $7.25 billion after a 2021 funding round, operates in the AI and sales tech industry.
