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DocuSign to lay off 6% of workforce, or about 440 jobs
DocuSign announced Tuesday it will cut 6% of its workforce as part of a restructuring plan
DocuSign announced Tuesday it will cut 6% of its workforce as part of a restructuring plan that aims to improve the company's "financial and operational efficiency," according to a release. DocuSign employs 7,336 workers, according to its most recent filing with the U.S. Securities and Exchange Commission, which means the cuts will affect around 440 jobs. In January, shares of DocuSign soared on reports that Bain Capital and Hellman & Friedman were competing to buy the online signature provider.
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