Gong Lays off 80 employees – 7% Workforce

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Conversation analytics company Gong is laying off 80 employees, accounting for 7% of its workforce. Only five of the employees leaving the company in this round of layoffs are based in Israel.

Amit Bendov, CEO of Gong, told Calcalist that he estimates that the company will not need to lay off any more employees this year. “The company is growing, but less than we forecast last year. The macroeconomic conditions are still difficult and we are adapting ourselves to our expected income,” said Bendov. “The employees being laid off are mainly part of our support and administration teams and aren’t part of the company’s core R&D.

“I estimate that we will not lay off any more employees this year, even though there is currently a lack of clarity. We are looking ahead and we are experiencing a nice quarter with new clients joining, but the growth is still not as we predicted and will be slower than expected.”

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