How to Play PD Stock as PagerDuty Lays Off 15% of Its Staff The recent market beating Q2 results and accompanying layoffs at PagerDuty have left investors abuzz, but what does this restructuring really mean for the company's future?
The decision to cut 15% of its workforce in non customer facing roles could be seen as a necessary evil, allowing management to prioritize sales and engineering investments while generating significant cost savings.
However, this move also raises important questions about PagerDuty's priorities.