HubSpot Cuts 660 Jobs in AI-Driven Restructuring
HubSpot is eliminating approximately 7% of its global workforce to flatten its organization and shift toward AI-driven customer outcomes.
HubSpot announced the elimination of approximately 660 positions, representing roughly 7% of its global workforce, as part of a restructuring plan to prioritize AI-driven customer outcomes. The company's board authorized the plan on October 1, 2026, and expects the workforce reductions to conclude by the end of the first quarter of 2027.
Chief Executive Officer Yamini Rangan stated the restructuring aims to create a flatter organization with fewer management layers to improve competitiveness. Rangan denied that the cuts were driven by cost pressures or efficiencies gained from AI. The company anticipates incurring charges between $65 million and $75 million, primarily for severance and employee benefits.
Despite the layoffs, HubSpot reaffirmed its revenue and non-GAAP operating income guidance for the third quarter and full fiscal year 2026.
