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Talkdesk was valued at $10 billion in mid-2021 after it secured $230 million in funding. But amid a wider tech reckoning, the software provider has implemented three rounds of workforce cuts since
Lucid Software will also undergo other cost-cutting measures like reducing in-person company events and streamlining purchases, CEO Dave Grow told employees Monday.
Airtable will cut 237 jobs in its latest round of layoffs. The low-code software unicorn was last valued at $11 billion in 2021 following a $735 million funding round.
Pegasystems is cutting another 4% of its headcount after it slashed its workforce in January, joining several other software firms affected by the greater tech reckoning.
Plex and Zapier are just two of the software companies affected by the wider tech reckoning that has been gripping the industry since last year. This month alone, three other software companies