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GitLab to cut jobs, reinvest in AI agents push: CEO Bill StaplesGitLab is cutting jobs to redirect resources towards the growing market for AI agents, aiming to capitalize on emerging "agentic" opportuni...- Swiggy, Urban Company report Q4 losses; Zepto gets IPO nodNew-age companies Swiggy and Urban Company closed the March quarter in the red, even as revenues surged. This and more in today's ETtech To...
- Cloudflare to cut about 20% of 5,000-plus workforce as AI adoption reshapes operationsCloudflare announced significant layoffs, cutting approximately 20% of its workforce, impacting over 1,100 global employees. This restructu...
- Skyroot, a newborn unicorn; AI pay gap growsSkyroot Aerospace became India’s first spacetech unicorn after its latest funding round. This and more in today’s ETtech Top 5.
- Job cuts at Freshworks; Meesho, PB Fintech Q4 earningsFreshworks announced job cuts as it ramps up AI focus. This and more in today's ETtech Top 5.
- Why is Tim Cook 'over the moon' about India?Apple's outgoing CEO Tim Cook expressed immense excitement for India, highlighting strong double-digit growth in iPhone, iPad, and Mac sale...
- Girish Mathrubootham steps down as Freshworks CEO; Dennis Woodside takes chargeFreshworks president Dennis Woodside appointed as new CEO. Mathrubootham to be redesignated as executive chairman. Recently his performance...
- Freshworks CRO Pradeep Rathinam quits; Abe Smith named global field operations chiefFreshworks has hired Abe Smith, former executive at Zoom, as its Chief of Global Field Operations. The company's Chief Revenue Officer, Pra...
- Freshworks targets 18-19% annual revenue growth on back of winning large clientsDuring the June quarter, Freshworks had 855 customers providing it with annual recurring revenue (ARR) of more than $100,000, against 737 s...
- Freshworks Q1 results: SaaS major posts first adjusted operating profit, shares riseThe software as a service (SaaS) company has raised its full-year 2023 financial forecast midpoint for an adjusted operating profit of $5 m...
- Layoffs likely at product software company Freshworks amid reorganisationA person aware of the reorganisation said Freshworks was trying to match skills to demand across teams and the exercise may lead to some em...
- Freshworks Q3 revenue beats estimate, jumps 37% amid tightening macro conditionsFreshworks beat analyst estimates to report $128 million in revenue in the quarter-ended September 30, and held its annual guidance at $494...
- Freshworks appoints Dennis Woodside as presidentThe company said Woodside will be responsible for leading Freshworks’s global business operations and strategy.
- Freshworks pares annual revenue guidance; Q2 revenue jumps 40%Churn in SMBs higher but mid-market, enterprise segments showing resilience: CEO Girish Mathrubootham
- Freshworks pares annual revenue guidance; Q2 revenue jumps 40%Revenue for the April-June quarter was $121.4 million on constant currency terms, or excluding the effect of exchange rate fluctuations. Lo...
- Freshworks initiates $500 million share sale to tap listing gainsThe move comes after the mandatory lock-in period post IPO ended, allowing all vested shareholders to sell up to 20% of their holding in th...
- Freshworks beats Street, Q3 revenue surges 46% at $96.6 millionThe Street was expecting Freshworks' revenue for Q3 to be in the range of $90.8 million and that it would post a loss of 10 cents per share...
- Freshworks beats Q3 estimates; employees can encash 20% of their stock as Diwali giftFreshworks’ strong Q3 performance comes ahead of what company cofounder and CEO Girish Mathrubootham said was a “Happy Diwali” for employee...
- Freshworks overtakes larger rival Zendesk in market capFreshworks’ market cap stood at $13.56 billion compared to Zendesk’s $12.1 billion — a decline of 16% since Oct. 28 when Zendesk announced ...
- Freshworks to raise $912 million via IPO at $9 billion valuationThe San Mateo, California-based firm joins a slew of listings from the software and technology sector. Most such debuts have seen strong in...
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