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Wajeeh Khan

How to Play PD Stock as PagerDuty Lays Off 15% of Its Staff

PagerDuty PD Cantor Fitzgerald

PagerDuty (PD) stock is pushing higher on Friday after the digital-operations software firm posted market-beating Q2 results and unveiled a major restructuring designed to improve profitability.

In its earnings release, PD’s management said it plans on laying off about 15% of its workforce, primarily from non-customer-facing roles.

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