Location: null.
Department affected: null.
Based on news reporting.
C3.ai, Inc. has announced significant layoffs affecting approximately 300 employees following a disappointing guidance shortfall that has led to a decline in stock prices. The layoffs are part of a broader restructuring effort aimed at stabilizing the company amidst challenging market conditions. This decision comes as C3.ai faces increased scrutiny from investors and analysts regarding its financial performance and future prospects. The company has not specified the exact departments affected by these layoffs, but the move reflects a strategic shift in response to current economic pressures.
C3.ai, Inc. cut 300 jobs affecting its null team 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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