ReferIndia News Freshworks lays off 500 employees; Q1 revenue grows 16% to $228 million

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Freshworks lays off 500 employees; Q1 revenue grows 16% to $228 million

Published on: May 6, 2026, 6:19 a.m. | Source: The Economic Times

Freshworks announced significant job cuts, reducing its workforce by 11% or approximately 500 employees. This move comes as the business software company navigates industry-wide disruptions driven by rapid advancements in artificial intelligence. The company cited AI's role in product development and automation of routine tasks as key factors.

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