DocuSign Layoffs
Industry Sales · Location SF Bay Area · United States · Subscribe (RSS)
DocuSign has 3 publicly reported layoff rounds on record between September 28, 2022 and February 6, 2024. A total of about 1,791 employees were affected across these rounds.
Layoff history
DocuSign cut 440 jobs on February 6, 2024, shedding 6% of its roughly 7,300-person workforce as part of a restructuring aimed at improving financial and operational efficiency. The reductions fell hardest on sales and marketing, the two largest cost centers in the e-signature company's business. Management said the plan would be largely complete by the end of its second fiscal quarter of 2025, and DocuSign projected restructuring charges of $28 million to $32 million, most hitting in fiscal Q1 2025. The company maintained its quarterly and full-year guidance despite the announcement, framing the cuts as support for multi-year growth as an independent public company. No executive quotes were made public alongside the announcement.
Reason: Restructuring for financial and operational efficiency
Source: cnbc.com
DocuSign disclosed a workforce reduction affecting its SF Bay Area operations in February 16, 2023. Approximately 680 roles were eliminated.
Source: cnbc.com
DocuSign disclosed a workforce reduction affecting its SF Bay Area operations in September 28, 2022. Approximately 671 roles were eliminated.
Source: sfgate.com
Data for DocuSign is compiled from public WARN Act filings and reporting linked above. See our methodology.