Calendly Overhauls Structure Amid Rising Tech Giants Threat

Calendly Unveils Strategic Reorganization Plan, Impacting 70 Employees Amid Increasing Competition from Big Tech Giants

The company has announced a series of strategic reorganizations across its engineering, customer experience, marketing, and billing teams. The layoffs represent about 13% of its workforce.

CEO Tope Awotona’s memo shared with Business Insider states that the decision was not taken lightly, and he takes full responsibility for the choices that have led to this point. Awotona acknowledged that the company is facing increasing competition from Big Tech giants such as Google and Microsoft, which have rolled out features allowing users to share links to their virtual calendars, making it easier for others to book meetings with them.

In response to this growing competition, Calendly has been working on streamlining its operations and focusing on areas that will drive the company’s growth. The reorganization plan aims to enhance the overall user experience, improve operational efficiency, and position the company for long-term success in a rapidly changing market.

Awotona emphasized the importance of upholding confidentiality agreements and adhering to Calendly’s privacy policy. Those leaving the company will receive support and resources to ensure a smooth transition.

Calendly was founded by Awotona in 2013 and has grown to have over 20 million users, with approximately half of them based outside the US. The startup previously laid off 60 employees in July 2023, as reported by The Information at the time.

The company’s decision to reorganize its teams is a testament to its commitment to innovation and adaptability in the face of changing market conditions. As Calendly looks to the future, it is clear that the company is focused on delivering value to its users while maintaining its position as a leader in the scheduling platform space.

Calendly’s focus on user experience, operational efficiency, and strategic reorganization positions the company well to navigate the challenges of increasing competition from Big Tech giants.