Freshworks lays off 660 — about 13 percent of its global workforce — despite strong earnings, profits
Despite reporting glowing revenue and profits for its fourth quarter, midmarket customer service, IT, and CRM vendor Freshworks said it was laying off 660 employees — about 13 percent of its employees worldwide. The company said the layoffs were part of “realigning our global workforce.” The layoff announcement sounded unusual in that it was mentioned…