stock buyback

Zoho's Sridhar Vembu’s comments come amid recent layoffs at Freshworks, a Chennai-based competitor, which reported a 22% revenue increase but cut 13% of its workforce.

Zoho founder Sridhar Vembu slams Freshworks for cutting 13% of staff despite 22% revenue growth: ‘This kind of corporate greed is unacceptable’

2024-11-08 13:54:03 : After Freshworks announced it was laying off 660 employees, Zoho founder Sridhar Vembu issued strong criticism, warning that “naked greed” in ...

Freshworks announced that its board of directors approved a $400 million share buyback programme of its outstanding Class A common stock.

Freshworks announced 660 layoffs, repurchased $400 million in stock and raised profit forecast; stock price rose

2024-11-08 08:37:07 : Shares of Nasdaq-listed Freshworks rose more than 28% after the company announced upbeat third-quarter results and a $400 million share repurchase. ...