On Tuesday, the software consultancy firm informed approximately 500 employees, which is about 4% of its global workforce, about their layoff. The company did not dispute this figure when asked for comment on Wednesday. The layoffs will continue in the coming days.
In an email, Thoughtworks’ global public relations head Linda Horiuchi confirmed the company’s decision to reduce its global workforce by approximately 4%. Horiuchi expressed regret that the company had to let go of some talented and passionate employees and emphasized that the decision was not made lightly. According to Horiuchi, these changes were necessary to support the future growth of the business.
Thoughtworks has a presence in 18 countries across five continents, including the United States, Latin America, Europe, Asia, and Australia, with a total of over 12,500 employees. Although the company has a strong presence in India, a spokesperson confirmed to TechCrunch that the layoff decision did not include any employees in the country.