Freshworks, the US-based IT company, plans to reduce its workforce by 13% affecting approximately 660 employees.
The layoffs are part of a broader restructuring strategy to improve operational efficiency and align talent with strategic priorities.
The company aims to streamline operations and focus on the employee experience (EX) business, artificial intelligence (AI), and customer experience (CX) products.
Freshworks believes the layoffs will pave the way for sustained success in the competitive tech landscape.