Docusign Layoffs

Question

https://techcrunch.com/2024/02/06/docusign-lays-off-6-of-workforce-as-reported-private-equity-takeover-talks-stall/6% around 400 people. I'm tired, boss

HowardShe · Accepted Answer

"DocuSign says that round two if its layoffs is designed to 'strengthen and support its financial and operational efficiency,' and that it expects to 'meet or exceed' its financial guidance at its Q4 2023 earnings next month."

Another dump off before an earnings report lol, at least they're not even pretending like it's for the good of the employees anymore.

popkernel · Answer

I feel they just hired too many ppl for a glorified PDF signature company. That said, it is amazing how valuable the business is even then. I believe they also had layoffs right around the pandemic time as well if Im not mistaken?

refer61614 · Answer

I’m curious if they actually lost pandemic time customers. Docusign is one of those products that takes so much of the pain away that I can’t imagine companies going back once using them.Ofc their growth couldn’t sustain those levels, but it could still have improved growth vs before the pandemic.

RxxDronzeRxx · Answer

Why does Docusign need that many employees anyway? Anyone familiar with their business model?

de1373d · Answer

Good move DocuSign 💪

Docusign Layoffs

DocuSign lays off 6% of workforce as reported private equity takeover talks stall | TechCrunch

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