Grammarly lays off 230 staff as a part of a ‘enterprise restructuring’

Grammarly is shedding 230 staff worldwide as a part of a “enterprise restructuring,” the corporate introduced this week. The layoffs are a part of Grammarly’s efforts to advance its give attention to “the AI-enabled office of the longer term,” the corporate says.

“To reach at at this time’s determination, we took a have a look at our organizational design and the present skillsets of our groups by means of the lens of our firm technique,” Grammarly CEO Rahul Roy-Chowdhury mentioned in a memo to staff. “As we strengthen our focus towards driving the AI-enabled office and deepen our technical investments in AI, we’ll want a special mixture of capabilities and skillsets. We additionally want to revamp our group to enhance the standard and velocity of collaboration — and which means, amongst different issues, restructuring roles and co-locating sure groups.”

Roy-Chowdhury went on to say that the layoffs usually are not a cost-cutting measure, noting that Grammarly’s monetary place is “robust.” He says the layoffs have an effect on most Grammarly capabilities and geographies.

Impacted staff will obtain a minimal of three months’ base pay, together with medical insurance advantages as relevant to their areas.

The memo says Grammarly grew its staff from 200 to 1,000 staff over the previous 5 years, and that in that point, the corporate has seen modifications within the business and world surroundings, together with the battle in Ukraine and a “new age of AI.” Roy-Chowdhury says these modifications have challenged the corporate to be extra “strategic.”

“As for Grammarly’s future: We see huge alternative as each particular person and enterprise begins to harness the facility of AI,” Roy-Chowdhury mentioned. “We’ll construct on this basis to deliver much more worth to our prospects. AI will essentially change the office for the higher—and Grammarly will play a number one position in driving that change.”

Grammarly is one in all many tech firms to conduct layoffs previously month. Quite a few tech firms, together with Google, Microsoft, Snapchat, eBay, PayPal, DocuSign, Okta, Block, Discord, Twitch and Duolingo have all performed sizable layoffs in simply the previous two weeks.

Again in November 2021, Grammarly raised $200 million in funding at a $13 billion valuation. On the time, Roy-Chowdhury advised TechCrunch that the corporate deliberate to make use of the funding to proceed making investments in its AI expertise.

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