AI & Jobs Freshworks Q1: 「Over Half Our Code Is AI」, 500 More Out, $228M Quarter Up 16% — The Second 11% Cut In 18 Months
Freshworks reported $228.6M Q1 revenue (+16% YoY), then announced cutting 500 employees (~11%). CEO Dennis Woodside: 「over half of our code originates in AI today」. Same percentage cut as November 2024.