Based on news reporting.
C3.ai, Inc. has announced a significant reduction in its workforce, laying off 26% of its staff, which translates to approximately 260 employees. This decision comes as the company's CEO acknowledged failures in delivering on expectations and concerns about excessive spending. The layoffs reflect the company's ongoing financial challenges and aim to streamline operations. The announcement highlights a critical moment for C3.ai as it seeks to stabilize its business amidst a tough economic environment.
C3.ai, Inc. cut 260 jobs as of October 1, 2023.
LayoffTalk has tracked 9 layoff events at C3.ai, Inc. since October 2023, affecting a combined 1,663 employees.
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