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Freshworks To Cut 660 Jobs In Restructuring Exercise
- Nasdaq-listed SaaS major Freshworks is cutting 13% of its global workforce, affecting about 660 employees.
- The restructuring plan aims to streamline operations and increase operational efficiency.
- Freshworks expects to incur $11-13 Mn in restructuring costs in Q4 2024.
- The company is focusing on customer experience (CX) products, AI, and employee experience business (EX).
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