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Hootsuite lays off nearly a third of its workforce as CEO tries to ‘refocus’

Hootsuite lays off nearly a third of its workforce as CEO tries to ‘refocus’

2 years ago
Anonymous $33nAR-2OaA

https://techcrunch.com/2022/08/09/hootsuite-laid-off-nearly-a-third-of-its-workforce-as-ceo-tries-to-refocus/

Social media marketing firm Hootsuite says it has slashed its workforce by 30%.

“We need to refocus our strategies to drive efficiency, growth and financial sustainability,” CEO Tom Keiser said in a statement sent to TechCrunch. The company offered no specifics on what exactly is changing about the business. It did not disclose the specific number of workers affected, nor would it say if they received any severance.