GoKawiilHubSpot Lays Off 660 Employees, Flattens Management Structure
HubSpot is cutting roughly 7% of its staff, about 660 workers, as CEO Yamini Rangan restructures the company into a 'flatter organization' with fewer management layers. Rangan told employees the cuts were not driven by AI efficiencies, but by a broader strategic realignment. The restructuring will cost HubSpot an estimated $65-75 million, mostly in severance and benefits for departing employees.