AM I NEXT? NO LOVE AT SPRINKLR

New York, New York-based Sprinklr, a software company that operates a software-as-a-service (SaaS) customer experience management (CXM) platform, has announced a 15% reduction in its workforce.

The personnel realignment will impact 500 employees.

According to a company spokesperson, “We will refocus and rebalance our investments, talent, and resources in order to better serve our customers and partners and help them realize the full value of our AI-powered platform. We will support departing teammates with the greatest care and respect, acknowledging their contributions to Sprinklr, and assisting them in their transition.”

Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something terrible hasn't happened yet doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. While many employees can read the writing on the wall, why do most assume it’s targeted at someone else? Are you now wondering, Am I Next?

AM I NEXT? NO LOVE AT UIPATH

New York, New York-based UiPath, a software company specializing in robotic process automation software that monitors user functions and automates front and back office processes, has announced a restructuring along with a 10% reduction in its workforce.

Approximately 420 employees will be impacted by the restructuring.

According to an SEC filing, "The board of directors of UiPath approved restructuring actions to manage its operating expenses. These actions are expected to include an overall reduction of approximately 10% of the Company’s global workforce of approximately 4,200 as of July 1, 2024, with most of this reduction expected to occur by the end of the first quarter of fiscal year 2026. This workforce reduction is aimed at further driving operational efficiency and customer centricity. These changes reflect efforts to reshape the organization by streamlining the Company’s structure, particularly in operational and corporate functions, better prioritizing our go-to-market investments and focusing our research and development investments on artificial intelligence and driving innovation across our platform."

Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something bad hasn't happened yet doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. While many employees can read the writing on the wall; why do most assume it’s targeted at someone else? Are you now wondering, Am I Next?

AM I NEXT? NO LOVE AT ANAPLAN

San Francisco, California-based Anaplan, a software technology company offering cloud-based business planning infrastructure, has announced a major reduction in force.

Approximately 119 employees, including software engineers, copywriters, security analysts, and others, in the company's San Francisco headquarters were impacted by the reduction, but up to 500 additional employees globally are said to be at risk. Separations will commence on June 28, 2023, with the majority of employees being separated no later than August 21, 2023.

The decision appears to be driven by its parent, Chicago, Illinois-based private equity and growth capital firm Thoma Bravo.

Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?