Qualtrics announced 780 layoffs in memo to employees
Posted on AllSides October 4th, 2023
From The Center
SALT LAKE CITY (ABC4) — Utah-based tech company Qualtrics announced it would be eliminating about 780 positions across the company on Wednesday morning in an email sent to employees. CEO Zig Serafin said the decision to make the layoffs was difficult but was “necessary” in order to further the company’s growth. “Rapid hiring was essential to enable our growth up to this point, but it also created complexity that does not support continued growth at our scale,” Serafin said in the memo. “Simply put, the organization structures, work processes and...