Tech
Smartsheet layoffs: Enterprise software giant cuts staff
Smartsheet is conducting more layoffs.
Posts on LinkedIn from affected workers and others at the company shed light on the cuts. Impacted employees include engineers, marketing managers, project managers, and others.
“Smartsheet recently made organizational changes to better align our resources with our long-term business priorities,” the Bellevue, Wash.-based company said Wednesday in a statement to GeekWire. “We understand the impact this will have on affected employees and are providing severance and continuing healthcare options to support them during this transition.”
The company, which employs more than 4,000 people worldwide, according to LinkedIn, did not share details on how many workers were cut. A separate round of layoffs in October affected more than 120 employees.
The layoffs come amid a wave of recent cutbacks at Seattle-area tech companies, including:
- Amazon is laying off 2,198 employees across Washington as part of the company’s latest corporate workforce reduction of 16,000.
- T-Mobile cut 393 jobs across Washington state, including VP roles.
- Expedia and Meta laid off hundreds of workers last month.
Many corporations are slashing headcount to address pandemic-fueled corporate “bloat” while juggling economic uncertainty and impact from AI tools.
Smartsheet, one of the largest enterprise software companies in the Seattle region, went public in 2018. It turned private again in an $8.4 billion deal with Vista Equity Partners and Blackstone in 2025.
The company is best known for helping businesses organize and track work. It has 16.7 million active users and generates more than $1 billion in annual revenue.
Smartsheet competes in a crowded and fast-evolving market for productivity and work-management software that includes legacy players such as Microsoft, Google, and Salesforce, along with newer challengers including Asana, Monday.com, Airtable, and ClickUp.
Tech veteran Rajeev “Raj” Singh took over as CEO in October following the August announcement that longtime Smartsheet CEO Mark Mader was retiring. Singh, the co-founder of Concur, had previously served as CEO of Accolade, leading the health benefits tech company through IPO and acquisition.
Sunny Gupta, co-founder of Apptio and a well-known Seattle tech leader, served briefly as acting CEO last summer before Singh’s appointment. Gupta is executive chair at Smartsheet.
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