PagerDuty, Inc. (PD) Cuts 7% of Staff
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PagerDuty (PD) to cut headcount by 7%; announces CRO transition
January 24, 2023 10:34 AM ESTPagerDuty, Inc. (NYSE: PD) announced today that the American cloud computing company will be eliminating some roles and creating new ones in high-talent, lower-cost areas. The action will result in a headcount reduction of 7%, impacting about 80 roles.
The changes come as part of the Companys ongoing actions to drive efficient growth and expand operating margins, the Company is advancing global scaling initiatives designed to increase the Companys capacity while improving its cost structure. The changes include reallocating certain roles and realigning teams to continue to improve operational resiliency and agility, and... More
