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Smartsheet cuts jobs shortly after departure of longtime CEO

Published Oct 1, 2025

120
Employees Affected
Unknown
Percentage

Smartsheet cut more than 120 jobs shortly after longtime CEO Mark Mader stepped down. The layoffs followed the company’s $8.4 billion take-private acquisition by Blackstone and Vista Equity Partners and came amid a broader leadership and strategy reset, including a stronger emphasis on AI-driven transformation.

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