Submission + - HubSpot Announces Layoffs Of 500 Employees, 7% Of Staff (hubspot.com)
We’ve decided to reduce the size of our team by 7% and will be saying goodbye to approximately 500 HubSpotters. If you are one of those employees in the U.S., you will get an email within the next 15 minutes with information and support. In other countries, this process will vary based on local laws and practices. I am deeply sorry to be taking this step.
The post goes on to say the layoffs are due to growing headcount too quickly and reducing investment in various areas of the business.