HubSpot layoffs: 660 jobs cut in AI overhaul, says AI isn't the reason
HubSpot layoffs will cut nearly 660 jobs — about 7% of the workforce — in a restructuring built around artificial intelligence. And the company’s CEO is making an unusual point of saying the AI isn’t what did it. Chief executive Yamini Rangan told employees the board had approved a restructuring plan on October 1 that will rewire the Cambridge, Massachusetts-based CRM company around what she called AI-driven customer outcomes. The announcement went to staff on Tuesday, October 6, according to Times Now and other outlets. HubSpot expects the cuts to be substantially complete by the end of the first quarter of fiscal 2027. ...