Type
Internal restructuring
Country
World
Region
Location of affected unit(s)
Estonia and other
Sector
Information / Communication
Computer Programming, Consultancy And Related Activities
Computer Programming, Consultancy And Related Activities
62.01 - Computer programming activities

143 jobs
Number of planned job losses
Job loss
Announcement Date
14 November 2022
Employment effect (start)
Foreseen end date

Description

Pipedrive, an international sales management software company based in Estonia, has announced the reduction of 143 jobs worldwide, of which 79 are in Estonia. The reason for the job reductions is the company's need to change their business and product strategy as a response to difficult economic conditions. According to the CTO this was a difficult decision made after careful deliberation. Pipedrive is a cloud-based software as a service company founded in 2010. Pipedrive has around 850 employees globally and the job reductions concern around 15% of workers.


Sources

Citation

Eurofound (2022), Pipedrive, Internal restructuring in World, factsheet number 108236, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/108236.