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FRESHWORKS JOB CUTS
Over 114,000 jobs cut in tech so far in 2026 as AI drives layoffs at Amazon, LinkedIn, othersTech companies are implementing significant workforce reductions, with 114,210 roles cut in early 2026, driven by AI and automation. Major ...- Groww investors make bank; Mobikwik, Fractal's Q4 profits surgeGroww delivered strong returns to early investors after the IPO lock-in expired. This and more in today's ETtech Top 5.
- 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...
- ETtech Explainer: AI is writing most of the code for companies — what this meansAI is now writing a large part of code for tech companies. Google, Microsoft, Meta, and Indian firms like Meesho and Freshworks are using A...
- 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...
- 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.
- Deeptech bets heat up; Paytm, PB Fintech, Meesho earningsHappy Thursday! VCs are doubling down on India’s deeptech, with early-stage bets leading the charge. This and more in today’s ETtech Mornin...
- 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.
- Freshworks cuts 500 jobs; Q1 revenue hits $228 millionFreshworks announced significant job cuts, reducing its workforce by 11% or approximately 500 employees. This move comes as the business so...
- Sebi's finfluencer crackdown; Scimplify eyes fresh fundsSebi has teamed up with Google to take on misleading financial influencers and shady trading apps. This and more in today's ETtech Top 5.
- Freshworks cofounder Mathrubootham rejects ‘SaaSpocalypse’ prediction, says AI agents won’t kill industryMathrubootham said Anthropic’s February Claude Cowork plugins triggered a sell-off in markets across the globe, erasing $285 billion in sof...
- Tech layoffs in 2024: The year that saw big tech job cuts surgeIndustry giants such as Microsoft, Google and Apple were at the forefront of this trend. Google reduced top management roles by 10% as part...
- Understand layoffs when struggling but this naked greed: Zoho CEO lashes out at company for reducing workforce by 13%Zoho CEO Sridhar Vembu criticized Freshworks for laying off 13% of its workforce, despite having $1 billion in cash and announcing a $400 m...
- ED raids Amazon, Flipkart sellers; layoffs at FreshworksThe Enforcement Directorate has conducted search operations at the premises of Amazon and Flipkart sellers. This and more in today’s ETtech...
- Freshworks to lay off 660 employees amid global restructuringThe California-based company said it will lay off 13% of its workforce, or 660 employees, globally in a bid to streamline operations. It ex...
- Juspay, others secure payment aggregator nod; Paytm shares reboundZoho is the first enterprise Saas player to get the payment aggregator nod from the RBI, joining the likes of Razorpay, Cashfree, Zomato an...
- 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...
- SaaS firm Freshworks undertakes fresh round of layoffsConcerns over margin and recessionary pressures and increasing interest rates in the US have led to a rout in technology stocks.
- ETtech Interview | Non-tech sectors modernising faster as growth slows at tech firms: Postman CEO Abhinav AsthanaThe most valued Indian Software-as-a-Service (SaaS) startup at $5.6 billion, Postman has partnered with companies like Axis Bank and Disney...
- How India logged into global SaaS product storyThe majority of Indian SaaS revenue comes from horizontal applications, indicating untapped opportunity in other segments. The Covid pandem...
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