PagerDuty
Cloud computing company PagerDuty confirmed layoffs impacting 7% of its workforce as part of its ongoing efforts to drive efficient growth and expand operating margins.
PagerDuty announced the layoffs in an SEC filing. According to its last annual report, the company had 950 employees. About 71% were in the United States and 29% were in its international locations.
PagerDuty is reallocating certain roles and realigning teams to continue to improve operational resiliency and agility. It’s also rationalizing its real estate footprint. The immediate impact is a 7% reduction in headcount in the near term.
PagerDuty will eliminate some roles and create new ones in cost-effective, high-talent geographies over time.