Freshworks to layoff 90 Employees

Nasdaq-listed Software-as-a-Service (SaaS) major Freshworks said on Thursday that it has laid off around 2 per cent or 90 of its total workforce, to fuel business growth. Out of this, around 60 affected employees are from India.

“To fuel our business growth, we made organisational changes to create better alignment across the company. We shifted some existing roles in product, marketing and sales to support more critical initiatives and reduced the need for a small number of others – less than 2 per cent of our workforce. Freshworks did not do a company-wide layoff,” the company said in a statement on Thursday. The company has a total staff strength of 5,200 people.

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