TECH NEWS

SaaS outfit ClickUp promises seven-figure salaries for survivors of 22 percent staff purge

https://image.theregister.com/262988.jpg?imageId=262988&x=0&y=0&cropw=100&croph=100&panox=0&panoy=0&panow=100&panoh=100&width=1200&height=683

CEO jumps on the ‘We must be fit for the AI future’ bandwagon

The CEO of SaaS-y productivity tools outfit ClickUp has announced 22 percent of the company’s workers will lose their jobs, but promised the savings will allow the company to offer some survivors seven-figure salaries.

CEO Zeb Evans made that pledge late last week in a Xeet that opens “Today we reduced headcount by 22 percent. The business is the strongest it's ever been” and then tries to explain the dichotomy of those two ideas by adding “I did it because the way to operate at the highest level of productivity is changing, and to win the future, ClickUp needs to change with it.”

What follows may now be familiar to readers who have followed our coverage of layoffs at Cisco, Workday, Cloudflare, and even the government of New Zealand: In 2026, AI is...

Copyright of this story solely belongs to theregister.com. To see the full text click HERE

Read more