UiPath says it will lay off 10% of its workforce, or ~420 people, after lowering its full year revenue expectations by $100M last month; PATH drops 6%+ (Aaron Holmes/The Information) 09-07-2024

Aaron Holmes / The Information:
UiPath says it will lay off 10% of its workforce, or ~420 people, after lowering its full year revenue expectations by $100M last month; PATH drops 6%+ — UiPath, which sells software for automating payroll and other workplace processes, said on Tuesday that it will lay off 10% of its workforce, or around 420 people.