Freshworks announces 660 job cuts, $400 million share buyback
Fri, Nov 8, 2024 9:14 AM

Freshworks announces 660 job cuts, $400 million share buyback

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Nasdaq-listed Freshworks share price jumped more than 28% after the company announced upbeat third-quarter results along with a $400 million share buyback. However, the Saas major also said it would lay off its 660 employees to streamline operations. Freshworks said it will trim 13% of its workforce, or 660 employees, globally.

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