November 22, 2024 18:49 (IST)
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SaaS major Freshworks announces to lay off over 600 employees despite profits

SaaS major Freshworks announces to lay off over 600 employees despite profits

California/IBNS: Freshworks, a Nasdaq-listed SaaS (Software-as-a-Service) firm, saw its shares surge over 28 percent following the release of its strong third-quarter results and the announcement of a $400 million share buyback programme.