https://layoffcheck.com/companies/freshbooks Layoff and WARN notices reported for FreshBooks. en-us https://layoffcheck.com/companies/freshbooks#2024-10 https://layoffcheck.com/companies/freshbooks#2024-10-614 Tue, 01 Oct 2024 12:00:00 GMT Toronto-based accounting software company FreshBooks laid off 140 employees in October 2024, cutting roughly 20% of its global workforce across all teams and levels. Interim CEO Mara Reiff described the previous 18 months as "challenging" and said the company needed to take a "bold and pragmatic" step to stand on its own financial footing. The cuts came alongside senior leadership changes, the removal of organizational layers to improve agility, and team consolidations aimed at improving the customer experience. Chief product and technology officer Stefano Grossi also departed. The round was the company's sixth known reduction since September 2022, following an earlier 80-person cut in March 2023. FreshBooks set a goal of reaching profitability by 2025 under a three-year strategic plan. https://layoffcheck.com/companies/freshbooks#2023-11 https://layoffcheck.com/companies/freshbooks#2023-11-1228 Wed, 15 Nov 2023 12:00:00 GMT FreshBooks reported a workforce reduction in Toronto in November 15, 2023. https://layoffcheck.com/companies/freshbooks#2023-03 https://layoffcheck.com/companies/freshbooks#2023-03-1983 Tue, 21 Mar 2023 12:00:00 GMT FreshBooks reported a workforce reduction in Toronto in March 21, 2023. https://layoffcheck.com/companies/freshbooks#2022-12 https://layoffcheck.com/companies/freshbooks#2022-12-2549 Fri, 16 Dec 2022 12:00:00 GMT FreshBooks reported a workforce reduction in Toronto in December 16, 2022. https://layoffcheck.com/companies/freshbooks#2020-04 https://layoffcheck.com/companies/freshbooks#2020-04-4096 Tue, 21 Apr 2020 12:00:00 GMT FreshBooks reported a workforce reduction in Toronto in April 21, 2020.