Freshworks Layoffs
March 2023
Freshworks announced a layoff affecting 114 employees (2% of its workforce) in March 2023. The company operates in the Support sector.
114
2%
Mar 16, 2023
About
Freshworks, a Nasdaq-listed SaaS company with approximately 5,200 employees globally, conducted a new round of layoffs in March 2023, affecting staff in India and the US. While the exact number of impacted employees was not disclosed, the company described it as a "small number" and stated the move was aimed at improving organizational efficiency and eliminating duplicated efforts, not related to the Silicon Valley Bank collapse. This followed a previous layoff three months earlier, where about 90 employees (2% of the workforce) were cut due to performance issues and staffing redundancies amid macroeconomic pressures in the software industry.
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