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Source:
The Boston Globe
The Boston Globe
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HubSpot announced it is laying off nearly 660 employees, about 7 percent of its workforce, amid a stock slump and a strategic shift toward artificial intelligence. The layoffs aim to create a flatter organization, improve decision-making, and align resources with priorities, with costs estimated at $65-75 million. Affected employees will receive severance pay and transition support as the company continues its growth, despite stock declines and ongoing restructuring efforts.
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