DocuSign (DOCU) reported strong third-quarter figures, that beat analysts’ expectations on revenue, net income and billings. CEO Allan Thygesen said that the company was making “continued progress against our critical priorities.” Here are the key points:
DocuSign announced today a restructuring plan which includes the layoff of 9% of its total workforce. The restructuring plan target is to improve the profitability, growth and operating margin.
DocuSign (DOCU) announced it has hired a Google (GOOGL) executive, Allan Thygesen, to be its next CEO. Allan Thygesen will replace Dan Springer.