Whatfix, a Software-as-a-Service (SaaS) company backed by Warburg Pincus, has laid off 60-80 employees, as per sources.
The company had a total headcount of over 900 employees before the layoffs, as per Inc42. These layoffs, as per sources, were primarily within sales and marketing go-to-market (GTM) teams and were triggered by increased adoption of artificial intelligence (AI) within the company.
Whatfix has confirmed the layoffs, issuing a statement.
“Whatfix undertook a strategic realignment to sharpen its focus on long-term, sustainable, and efficient growth in a rapidly changing market. As part of this shift, approximately 6% of our current headcount was impacted, with around 4% in our GTM teams to better align our go-to-market motion with the strong traction we are seeing in our AI-first product lines,” said Whatfix.
The company spokesperson added, “These decisions are never easy, and we remain committed to handling the transition with care and empathy for our colleagues. We will continue to support impacted team members and ensure uninterrupted excellence for our customers.”
The layoffs come amid a wave of rising layoffs across India’s technology sector. With AI adoption revamping the workforce as we know, even companies like Amazon, Microsft, Google, and TCS are on the path of restructuring that is impacting thousands of employees.
