WalkMe Layoffs
January 2023
WalkMe announced a layoff affecting 43 employees (3% of its workforce) in January 2023. The company operates in the Other sector.
43
3%
Jan 8, 2023
About
WalkMe, a publicly traded software company, laid off 43 employees, representing 3% of its workforce, in January 2023. This strategic reduction was part of a shift to focus exclusively on enterprise clients with over 500 employees, moving away from the small and medium-sized business sector. The company, which went public in 2021, implemented these cuts to reduce its cash burn and aim for profitability, expecting annual savings of $6-7 million. This restructuring also included changes in executive roles, with the co-founder stepping back from the presidency.
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