Dennis Woodside

CEO of Freshworks. On May 7, 2026, Woodside announced a ~500-person workforce reduction (~11%) and told Reuters that "more than half" of the company's…

CEO · Freshworks

CEO of Freshworks. On May 7, 2026, Woodside announced a ~500-person workforce reduction (~11%) and told Reuters that "more than half" of the company's code is now being written using AI tools. The cuts came alongside a Q1 2026 revenue beat ($228.6M, up 16% YoY) — making Freshworks, like Cloudflare the same day, a productivity-arithmetic layoff in the CEO's own words rather than a performance-failure response. Woodside's letter to employees framed the move as restructuring to "move faster in the AI era" and concentrate resources around growth businesses including Freshservice. The "more than half of our code is written using AI tools" line is a structural sibling to Brian Armstrong's "ship in days what used to take a team weeks" — both quantify the productivity differential CEOs are using to justify headcount math.

First seen: 2026-05-08 · Last seen: 2026-05-08