DataUS

UiPath Layoffs

June 2022

UiPath announced a layoff affecting 210 employees (5% of its workforce) in June 2022. The company operates in the Data sector.

People Affected

210

Percentage

Announced Date

Jun 27, 2022

About

UiPath, a leading provider of automation software, is laying off approximately 5% of its workforce, affecting about 210 employees out of a total of 4,200 as of April 30, 2022. The company's board approved the restructuring on June 24, 2023, with most cuts expected by the end of July, aiming to increase profits and streamline its go-to-market organization. This move, estimated to cost $15 million in severance, reflects a strategic shift toward sustained, profitable growth under new senior management, despite recent positive earnings. The layoffs are not attributed to market conditions but to internal prioritization for higher sales productivity and better market segmentation.