DocuSign to lay off 6% of workforce, or about 440 jobs::DocuSign announced Tuesday it will cut 6% of its workforce as part of a restructuring plan
Holy shit, how many employees does DocuSign need?
Submitted 9 months ago by L4s@lemmy.world [bot] to technology@lemmy.world
https://www.cnbc.com/2024/02/06/docusign-to-lay-off-6percent-of-workforce-or-about-440-jobs.html
DocuSign to lay off 6% of workforce, or about 440 jobs::DocuSign announced Tuesday it will cut 6% of its workforce as part of a restructuring plan
Holy shit, how many employees does DocuSign need?
I’m no fan of these layoffs, but a company like Docusign having over 7k employees is mind blowing to me. They could probably GET BY with 440 employees and then outsourcing customer service entirely.
Why do they need that many employees?
Spoken like a true CEO. About time for a merger riiight?
To scam corporate clients.
Our account manager just tried to wrangle us into 3x as many licenses as we needed. I looked at the numbers and there wasn’t any usage. I think they logged in to sign something over a year ago and that auto-consumed a license.
Spent waaay too much time trying to get them to come up with the right number.
I think their business model is to get as many people licensed as possible even if they aren’t using the product. The steps you need to go through to release a license are odd.
They wanted $30k for like 6k envelopes a year for my company. With Conga Sign, it was less than $5k for UNLIMITED. They didn’t adjust pricing with competition. They need to shrink or go extinct.
I need to just filter out layoff news. All these tech layoffs really bug me. Hope we see some startups take off filled with these laid off workers.
I feel much less strongly about them (as in I just care less, they’re still still horrible) since I left the industry to start my own business, tbh.
Leases, mortgages, loans, hiring agreements. I feel like most major contracts get signed with Docusign these days. Been that way for a years now.
There are alternative products, but they’re definitely the biggest player for digital contracts.
Can’t stop won’t stop
Burn_The_Right@lemmy.world 9 months ago
I mean, I could see them having a few hundred employees, but holy crap! That’s a lot of employees. What the hell do they all do?
Unforeseen@sh.itjust.works 9 months ago
Sales, marketing and support most likely. It has a massive corporate userbase. I’m guessing the actual tech side of the house is only a small fraction.
Ghostalmedia@lemmy.world 9 months ago
They need to employ a small army of handwringing analysts to verify your terrible trackpad and touch screen signatures.
Threeme2189@lemm.ee 9 months ago
So do these guys wring their hands while analyzing stuff or do they actually analyze handwringing?
kinther@lemmy.world 9 months ago
I used to work at DS and there was definitely overhiring done during the early pandemic when the stock price was going up. At least three people I know were let go in this round and they were in technical teams, which was surprising.