Cambridge-based HubSpot cuts 660 jobs in strategic shift
Headline from NBC Boston
HubSpot is cutting 660 jobs, or about 7% of its global organization, citing an evolution of its strategy from building software to delivering outcomes for customers with AI. “That shift is transforming product, pricing and how we serve our customers,” CEO Yamini Rangan wrote in a memo to employees t…
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HubSpot is cutting 660 jobs, or about 7% of its global organization, citing an evolution of its strategy from building software to delivering outcomes for customers with AI. “That shift is transforming product, pricing and how we serve our customers,” CEO Yamini Rangan wrote in a memo to employees t…
HubSpot announced on Tuesday that it is cutting 7% of its workforce—roughly 660 employees—as it reorganizes around what it calls AI -driven customer outcomes. The layoffs come as investors have spent months questioning whether AI will reduce the need for businesses to pay for software like HubSpot’s…