Chennai-based SaaS firm KissFlow sacks about 50 staff
By
Binu Mathew
The layoff was attributed to a restructuring of the company’s product strategy and the outcomes of performance reviews.
The layoffs resulted from a strategic decision to stop the land-motion for its Procure-2-Pay (P2P) product, focusing instead on its expand-motion. This change affected several go-to-market (GTM) team members in sales and marketing for P2P.
“This move aims to keep us focused on our primary offering – the Low-Code Platform,” Suresh Sambandam, CEO & Co-Founder of Kissflow, said in a statement.