DocuSign

CNBC reported that as of January, DocuSign had 7,651 employees. The cuts are expected to be completed by the end of the company's fiscal year 2023 next March 31 ...

2](https://siliconangle.com/2022/08/02/busy-day-robinhood-mixed-earnings-staff-layoffs-30m-regulatory-fine/). 16](https://siliconangle.com/2022/08/16/apple-reportedly-lays-off-recruiters-push-slow-hiring-spending/). 23](https://news.crunchbase.com/startups/tech-layoffs-2022/) estimated that 42,000 workers in the U.S. 14](https://siliconangle.com/2022/09/14/twilio-lays-off-11-workforce-part-restructuring-plan/) and Robinhood Markets Inc. 1](https://siliconangle.com/2022/08/01/oracle-reportedly-implements-layoffs-part-cost-cutting-initiative/) to be laying off staff. [in July](https://siliconangle.com/2022/07/21/google-microsoft-reportedly-scale-back-hiring-efforts/) and Apple Inc. [in May](https://siliconangle.com/2022/05/09/uber-slash-marketing-incentive-costs-treat-hiring-privilege/), Google LLC and Microsoft Corp. Show your support for our mission by joining our Cube Club and Cube Event Community of experts. Securities and Exchange Commission, DocuSign’s restructuring is expected to incur charges of between $30 million and $40 million in the third and fourth quarters of fiscal 2023 from employee transactions, severance payments and benefits. Thygesen previously held the role of president of Americas and Global Partners at Google LLC, where he led Google’s $100 billion advertising business in North and South America. [reported](https://www.cnbc.com/2022/09/28/docusign-to-cut-workforce-by-9percent-as-part-of-restructuring-plan.html) that as of January, DocuSign had 7,651 employees. The cuts are expected to be completed by the end of the company’s fiscal year 2023 next March 31.

DocuSign has joined the growing list of American employers reducing headcount ahead of an anticipated recession. The San Francisco-based company will lay ...

By Emily Bary. Shares of the electronic-signature company have lost nearly two-thirds of their value this year. DocuSign Inc. plans to lay off 9% of its ...

DocuSign executives expect to incur $30 million to $40 million in charges related to the restructuring efforts, mainly representing cash expenditures for employee severance payments and related costs. About two-thirds of those employees were in sales, marketing or customer-success roles, and just over two-thirds of all employees were based in the U.S. The plan was approved by the company's board of directors on Monday, according to the filing.

By Denny Jacob DocuSign Inc. shares rose 4.3% to $54.90 Wednesday after the e-signature company said it expects to reduce its workforce by about 9% as part.

The changes to DocuSign's workforce come as the company gears up for the arrival of its next chief executive officer. Earlier this month, the company named Allan Thygesen as its next CEO, effective Oct. The company said expects the bulk of the charges to take place in the third and fourth quarters of fiscal 2023, and that the execution will be substantially complete by the end of fiscal 2023.