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Pendo, one of North Carolina's biggest startups, lays off 12% of its workers

Pendo, the fast-growing Raleigh software startup whose valuation topped $2.6 billion, has laid off 12% of its staff, the company confirmed Monday. The move translates to around 100 job cuts total, including 42 in Raleigh. Driving the news: It's the second round of layoffs that Pendo has conducted in the last year. Unlike the layoffs it made in September, which mainly affected recruiting staff, the cuts this time were broader, affecting multiple...
Todd Olson Axios Raleigh
Source: msn.com

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