Form 8-K HUBSPOT INC For: Jan 25

Go back to Form 8-K HUBSPOT INC For: Jan 25

HubSpot (HUBS) to cut 500 jobs after faster than expected deceleration

January 31, 2023 11:33 AM EST

HubSpot (NYSE: HUBS) has become the latest tech firm to announce job cuts, with the company revealing in a filing that it has authorized a restructuring plan that will result in a workforce reduction of 7%.

The company will let go of approximately 500 employees... More

HubSpot (HUBS) plans reduction of workforce by approximately 7%

January 31, 2023 9:03 AM EST

HubSpot (NYSE: HUBS) disclosed:

On January 25, 2023, the Board of Directors of HubSpot, Inc. (the Company) authorized a restructuring plan (the Plan) that is designed to reduce operating costs and enable investment in key opportunities for long-term growth while driving continued profitability. The Plan includes a reduction of the Companys current workforce by approximately 7% and a lease... More