About 7% of workforce, nearly 660 jobs, cut in a restructuring
Source-backed update · Announced reduction · HubSpot
EventAnnounced October 6, 2026; plan approved October 1; role cuts substantially complete by the end of the first quarter of fiscal 2027
Added to WorkHushOctober 13, 2026
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Sources
HubSpot Form 8-K (StockTitan copy of the SEC filing) · Oct 6, 2026Supports: The filing says the board approved a plan on October 1 to cut about 7% of the workforce, with $65 million to $75 million in charges, mostly severance, and role eliminations substantially complete by the end of Q1 fiscal 2027; the attached CEO update says nearly 660 employees.Open the sourceBoston 25 News · Oct 6, 2026Supports: Reported CEO Yamini Rangan's letter announcing about 660 job cuts, about 7% of staff, and that it was unclear whether Massachusetts employees were affected.Open the source
Not in the sources
HubSpot hasn't said which teams or locations are affected, including whether employees in Massachusetts are.
More job cuts in October 2026 ›