Grammarly is laying down 230 staff members globally as an element of a “business restructuring,” the business announced this few days. The layoffs are included in Grammarly’s attempts to advance its give attention to “the AI-enabled office for the future,” the business claims.

“To get to today’s decision, we took a review of our design that is organizational and current skillsets of our teams through the lens of our company strategy,” Grammarly CEO Rahul Roy-Chowdhury said in a memo to employees. “As we strengthen our focus toward driving the workplace that is AI-enabled deepen our technical opportunities in AI, we’re going to require an alternate mixture of abilities and skillsets. We should also renovate our company to boost the standard and rate of collaboration — and therefore implies, on top of other things, restructuring roles and co-locating specific teams.”

Roy-Chowdhury proceeded to express that the layoffs aren’t a measure that is cost-cutting noting that Grammarly’s financial position is “strong.” The layoffs are said by him influence many Grammarly features and geographies.

Impacted staff members will get no less than 3 months pay that is’ base along with health insurance benefits as applicable to their locations.

The memo says Grammarly grew its team from 200 to 1,000 employees over the past five years, and that in that time, the company has seen changes in the industry and environment that is global such as the war in Ukraine and a “new chronilogical age of AI.” Roy-Chowdhury claims these modifications have actually challenged the business to be even more “strategic.”

“As For Grammarly’s future: We see massive opportunity as every individual and business begins to harness the charged power of AI,” Roy-Chowdhury said. “We’ll build on this foundation to bring even more value to our customers. AI will fundamentally change the workplace for the better—and Grammarly will play a leading role in driving that change.”

Grammarly is one of many tech companies to conduct layoffs in the month that is past. Many technology businesses, including Bing, Microsoft, Snapchat, e-bay, PayPal, DocuSign, Okta, Block, Discord, Twitch and Duolingo have got all performed large layoffs in only yesteryear two months.

Back in November 2021, Grammarly increased $200 million in money at a $13 billion valuation. During the time, Roy-Chowdhury informed For Millionaires that the business planned to make use of the money to carry on making opportunities with its AI technology.