Smartsheet is conducting extra layoffs.
Posts on LinkedIn from affected staff and others on the firm make clear the cuts. Impacted staff embrace engineers, advertising managers, undertaking managers, and others.
GeekWire reached out to Smartsheet for particulars on the layoffs and what number of staff had been impacted. We’ll replace this story once we hear again.
Bellevue, Wash.-based Smartsheet had a separate spherical of layoffs in October when it let go of greater than 120 staff. The corporate employs greater than 4,000 individuals worldwide, in line with LinkedIn.
The layoffs come amid a wave of latest cutbacks at Seattle-area tech corporations, together with:
- Amazon is shedding 2,198 staff throughout Washington as a part of the corporate’s newest company workforce discount of 16,000.
- T-Cellular reduce 393 jobs throughout Washington state, together with VP roles.
- Expedia and Meta laid off a whole bunch of staff final month.
Many companies are slashing headcount to handle pandemic-fueled company “bloat” whereas juggling financial uncertainty and affect from AI instruments.
Smartsheet, one of many largest enterprise software program corporations within the Seattle area, went public in 2018. It turned personal once more in an $8.4 billion take care of Vista Fairness Companions and Blackstone in 2025.
The corporate is greatest identified for serving to companies arrange and monitor work. It has 16.7 million lively customers and generates greater than $1 billion in annual income.
Smartsheet competes in a crowded and fast-evolving marketplace for productiveness and work-management software program that features legacy gamers resembling Microsoft, Google, and Salesforce, together with newer challengers together with Asana, Monday.com, Airtable, and ClickUp.
Tech veteran Rajeev “Raj” Singh took over as CEO in October following the August announcement that longtime Smartsheet CEO Mark Mader was retiring. Singh, the co-founder of Concur, had beforehand served as CEO of Accolade, main the well being advantages tech firm by IPO and acquisition.
Sunny Gupta, co-founder of Apptio and a well known Seattle tech chief, served briefly as performing CEO final summer time earlier than Singh’s appointment. Gupta is government chair at Smartsheet.
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