Posted on August 03, 2022
Today OneTrust announced a reorganization that resulted in a reduction of our workforce by approximately 25%.
“It is one of the most difficult decisions I’ve had to make as a leader,” says Kabir Barday, Chief Executive Officer of OneTrust. “My responsibility is to ensure OneTrust thrives and is positioned for sustained growth, and unfortunately, reducing our headcount and adapting to the capital markets sentiment is what is needed to keep us in our leadership position. We are taking care of our departing team members by offering them severance, equity, and extended healthcare packages, as well as creating a network to support them in their job searches.”
As transparency is important to us, below is the email shared with our employees this afternoon.
https://discord.gg/GUPad7ETad