Artificial intelligence (AI) software company UiPath (NYSE: PATH ) is laying off 10% of its staff, or 420 workers. PATH stock fell 7% on July 9, opening at about $12 per share this morning.
UiPath, a provider of artificial intelligence (AI)-powered enterprise automation technology, said Tuesday (July 9) that it will lay off 10% of its global workforce as part of a restructuring aimed at managing its operating expenses.
NEW YORK, NY / ACCESSWIRE / July 9, 2024 / If you suffered a loss on your UiPath, Inc. (NYSE:PATH) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E. Levi, Esq.
NEW YORK, NY / ACCESSWIRE / July 9, 2024 / Leading securities law firm Bleichmar Fonti & Auld LLP announces it has filed a lawsuit against UiPath, Inc. ("UiPath" or the "Company") (NYSE:PATH) and certain of the Company's senior executives. If you suffered losses on your UiPath investment, you are encouraged to submit your information at Click Here
RADNOR, PA / ACCESSWIRE / July 9, 2024 / The law firm of Kessler Topaz Meltzer & Check, LLP(www.ktmc.com) informs investors that a securities class action lawsuit has been filed in the United States District Court for the Southern District of New York against UiPath, Inc. ("UiPath") (NYSE:PATH). The action charges UiPath with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company's business, operations, and prospects.
Software developer UiPath will cut 10% of its workforce, or about 420 jobs, as part of a broader company restructuring. UiPath shares fell 7% on Tuesday and have plunged more than 50% year-to-date.
UiPath is laying off 10% of its workers. The company was only guiding for 8% growth this year.
NEW YORK, NY / ACCESSWIRE / July 9, 2024 / If you suffered a loss on your UiPath, Inc. (NYSE:PATH) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E. Levi, Esq.
NEW YORK, NY / ACCESSWIRE / July 9, 2024 / If you suffered a loss on your UiPath, Inc. (NYSE:PATH) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E. Levi, Esq.
Artificial intelligence company UiPath Inc (NYSE:PATH) shares fell 7% after the robotic process automation specialist revealed plans to axe one in 10 staff members, a filing showed. The company's business is about enabling corporations to automate repetitive tasks and streamline workflows through AI-powered digital robots.
NEW YORK, NY / ACCESSWIRE / July 9, 2024 / If you suffered a loss on your UiPath, Inc. (NYSE:PATH) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E. Levi, Esq.
NEW YORK, NY / ACCESSWIRE / July 9, 2024 / If you suffered a loss on your UiPath, Inc. (NYSE:PATH) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E. Levi, Esq.