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Freshworks unveils plan to lay off 660 employees, shares jump 27%
short by Mansi Agarwal / on Thursday, 7 November, 2024
SaaS company Freshworks announced plans to cut 13% of its global workforce to streamline operations. The layoffs will affect around 660 employees across the US, India and the company's other locations. Shares of the company, which has seen several management changes this year, jumped more than 27% a day after the announcement.
read more at NewsBytes