The company cites advancements in AI for the cuts.

The company said it is reducing its headcount by 20%, or about 630 staff, to "support a leaner, more focused operating model" as it focuses on its AI Work Platform.

<!-- SC_OFF --><div class="md"><p>Source:</p> <p><a

In a memo to employees, CEO Sasan Goodarzi said the layoffs are meant to reduce complexity, simplify the company's corporate structure, and deliver better AI products.

<!-- SC_OFF --><div class="md"><p>AI is reshaping the job market faster than any technology in history. This tracker documents every major company that has cited AI as the reason

<p>AI led all cited reasons for U.S. job cuts in March at 25% of the total, according to outplacement firm Challenger, Gray & Christmas. </p> <p>The post <a