{"id":88739,"date":"2024-07-10T00:18:40","date_gmt":"2024-07-10T04:18:40","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=88739"},"modified":"2024-07-09T23:33:43","modified_gmt":"2024-07-10T03:33:43","slug":"uipath-to-lay-off-10-of-workforce-in-companywide-restructuring","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2024\/uipath-to-lay-off-10-of-workforce-in-companywide-restructuring.html","title":{"rendered":"UiPath to lay off 10% of workforce in companywide restructuring"},"content":{"rendered":"\n<p>(CNBC) <a href=\"https:\/\/www.cnbc.com\/quotes\/PATH\/\">UiPath<\/a>, a developer of automation software, is cutting 10% of its workforce, or about 420 jobs, as part of a broader restructuring, the company said in filing with the\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/ir.uipath.com\/financials\/sec-filings\/content\/0001734722-24-000044\/path-20240708.htm\" target=\"_blank\">SEC\u00a0<\/a>on Tuesday. Most of the layoffs will be implemented by the end of the first quarter of fiscal 2026, the company said. That quarter ends next April.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/07\/09\/uipath-layoffs-company-to-cut-10percent-of-workforce.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) UiPath, a developer of automation software, is cutting 10% of its workforce, or about 420 jobs, as part of a broader restructuring, the company said in filing with the\u00a0SEC\u00a0on Tuesday. Most of the layoffs will be implemented by the [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-88739","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88739","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=88739"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88739\/revisions"}],"predecessor-version":[{"id":88740,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88739\/revisions\/88740"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=88739"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=88739"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=88739"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}