Freshworks lays off 660 — about 13 percent of its global workforce — despite strong earnings, profits
CIO
NOVEMBER 7, 2024
The company said the layoffs were part of “realigning our global workforce.” Freshworks CFO Tyler Sloat even touted a stock buyback program, to illustrate the company’s strong financials: “Given our strong financial position and improving cash profile, we have the opportunity to expand our capital allocation strategy.
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