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MODERATEAI LAYOFF
Freshworks: 660 jobs cut
November 15, 2024INSaaS/Customer ServiceFreshworks
Combined CX teams and restructured around AI priorities. Freddy AI product increasingly handling customer queries autonomously. 13% of workforce. The connection to AI is moderate — while the company is investing in AI capabilities, the layoffs were attributed to broader restructuring alongside technology adoption. Of the 660 total positions affected, our methodology estimates that approximately 264 roles (40%) are attributable to AI-driven changes. This is part of a broader pattern in SaaS/Customer Service where companies are restructuring operations around AI capabilities while reducing headcount in functions susceptible to automation.
Conservative
158
Core Estimate
264
Upper Bound
370
Sources
Primarywww.cio.com
Freshworks lays off 660 despite strong earnings