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TNW | Artificial-intelligence

HubSpot to cut 660 jobs as the company pivots to AI

The company's 8-K says the role eliminations are subject to local law and consultation requirements, a phrase that matters most in Dublin, where HubSpot built its European headquarters and where Irish law sets a 30-day floor before anyone can be dismissed

Tarun Mottlia

Via TNW | Artificial-intelligence

·Excerpt
HubSpot to cut 660 jobs as the company pivots to AI
Image: Inside a HubSpot office, photographed in March 2013.

HubSpot is eliminating about 660 roles, 7% of its workforce, in a restructuring its chief executive calls an AI strategy shift while insisting it is not driven by AI efficiencies. Its SEC filing concedes the timetable depends on local consultation law, which in Ireland means a statutory 30-day minimum and criminal penalties for ignoring it.

HubSpot is cutting about 660 jobs, 7% of its workforce. The board authorised the plan on 1 October and the chief executive told staff on…

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