Tech company Pipedrive moves forward with layoffs in Portugal

Pipedrive announced a significant restructuring affecting its operations in Portugal, aiming to simplify the company's structure. CEO Paulo Cunha stated that most jobs will be impacted, with fewer teams and locations. The Lisbon office, established in 2017, may close, but the company has not confirmed specifics. Employees have begun discussions regarding job security. Cunha emphasized that the restructuring is not about replacing jobs with AI but adapting to changes in the CRM market, where small businesses increasingly rely on AI for software recommendations. Pipedrive, a unicorn since 2020, employs around 800 people globally.