Internal restructuring
Location of affected unit(s)
USA, United Kingdom, Ireland
Information / Communication
Computer Programming, Consultancy And Related Activities
Computer Programming, Consultancy And Related Activities
62 - Computer programming, consultancy and related activities

500 jobs
Number of planned job losses
Job loss
Announcement Date
31 January 2023
Employment effect (start)
1 February 2023
Foreseen end date
31 March 2023


Sales and marketing software company Hubspot has announced a global restructuring plan which will reduce its workforce by 7% (500 employees). Impacted locations have not be specified, however, the company has the majority of its employees in Ireland (1000) and USA. The CEO has stated the restructuring is due to lower than expected growth throughout 2022 compared to 2021, unsustainable headcount and uncertainty regarding consumer demand in the short term.

The company has said it will comply with local legal and consultation requirements, but has not given information of the restructuring process for employees or the involvement of social partners. 



Eurofound (2023), Hubspot, Internal restructuring in World, factsheet number 108358, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/108358.