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HubSpot to cut 660 jobs in AI restructuring

The Next Web reports the cuts amount to 7% of staff, with timing dependent on European consultation law.

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1 Source, 2h ago, first seen 2h ago

TLDR

The Next Web reports that HubSpot plans to cut 660 jobs, or 7% of staff, in an AI restructuring. It says the timetable depends on European consultation law and notes that Dublin is HubSpot’s EMEA base. The publisher also says HubSpot grew 20% to $912 million and reaffirmed revenue guidance the same day as the cuts. Its stock was down roughly 45% for the year as of the publisher’s October 7 post.

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1 Source

TNW@thenextwebHubSpot grew 20% to $912M, then cut 7%. It reaffirmed its revenue guidance the same day. The stock is down roughly 45% this year https://thenextweb.com/news/hubspot-layoffs-dublin-consultation2h
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    1 Source

    TNW@thenextwebHubSpot grew 20% to $912M, then cut 7%. It reaffirmed its revenue guidance the same day. The stock is down roughly 45% this year https://thenextweb.com/news/hubspot-layoffs-dublin-consultation2h
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