DocuSign said it plans to reduce its staff by about 10% in its second round of cuts since September as the company grapples with slowing growth
The recent headlines about tech layoffs don’t seem to match broader economic indicators, which show a strong job market and a historically low unemployment rate. WSJ’s Gunjan Banerji explains the disconnect. Illustration: Ali LarkinDocuSign Inc. said it plans to reduce its staff by about 10%, or approximately 700 jobs, in its second round of cuts since September as the company grapples with slowing growth.
The latest round of cuts focus on the company’s field organization, according to a securities filing. In September, the company said it was reducing its staff by about 9% as it looked to trim operating costs.
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