SurveyMonkey to Lay Off 100 and Retool Business Product

Cloud-based polling service SurveyMonkey informed employees today that it is letting go of about 100 people in a plan to retool its product aimed at businesses, which is not living up to expectations. The layoffs were to be disclosed at an internal meeting this afternoon. The cuts amount to about 13 percent of SurveyMonkey’s workforce of about 750. The cuts were made primarily among the sales team devoted to SurveyMonkey for Business.
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