WalkMe Layoffs
April 2023
WalkMe announced a layoff affecting 112 employees (10% of its workforce) in April 2023. The company operates in the Other sector.
112
10%
Apr 19, 2023
About
WalkMe, a digital adoption platform company, conducted its second round of layoffs in 2023, cutting 112 employees, which represents approximately 10% of its workforce. This follows an earlier layoff of 43 employees in January. CEO Dan Adika cited macroeconomic challenges and the need to build a leaner, more efficient organization to achieve profitability and long-term growth. The company, which went public on Nasdaq with a $2.5 billion valuation, is focusing its efforts on larger organizations with over 500 employees, moving away from small and medium-sized businesses. These difficult decisions aim to align the company with current economic realities and ensure sustainable success in the competitive tech industry.
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