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The Economic Times
The Economic Times

US company ClickUp lays off 22% workforce, but CEO says bigger rewards await those...

ClickUp has announced a major round of layoffs as the company accelerates its shift towards artificial intelligence-driven operations. The cloud-based productivity platform revealed that it is cutting 22% of its workforce, with CEO Zeb Evans insisting the decision was not simply about reducing costs.

Sharing the update on X, Evans said the company was restructuring itself around AI and automation while introducing what he described as “million-dollar salary bands” for top-performing employees using artificial intelligence effectively.

“Most savings from this change will flow directly back into the people who stay,” Evans wrote on X.

“We’ll be introducing million-dollar salary bands. If you create outsized impact using AI, you’ll be paid outside of traditional bands.”

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