Automation Anywhere lays off hundreds of its workers owing to a major decrease in the demand for its traditional products. The move from the RPA firm comes on the back of the COVID-19 pandemic.
The job cuts could affect up to 10% of Automation Anywhere’s workforce. The company said it was adapting to a stronger demand for cloud services caused by the coronavirus-induced shift to remote work. It is expecting a faster growth rate in the midterm, but the exact timeline is uncertain.