DocuSign, the electronic signature software company that has a sizeable workforce in Ireland, is to cut around 10% of its global workforce.
The move follows a 9% cut to its staff numbers around the world in September as a result of slowing growth last year.
The company employed around 7,461 staff globally at the end of last year.
The most recent company filings in Ireland show that at the end of 2021 it had 618 workers here.
However, the company declined to comment on how many staff, if any, were likely to lose their jobs in Ireland.
"We are reducing our workforce by ~10%, approximately 700 employees," it said in a statement.
"The restructuring mainly impacts our worldwide field organization."
"This action allows us to reshape the company to more effectively position us for profitable growth, while freeing up resources for investments."
"We remain confident in the long-term strength of our team and our business."
After a 200% gain in its stock price in 2020 caused by strong demand for its service during the pandemic, the company's shares fell by nearly a third in 2021 and by 64% last year.
DocuSign expects to take charges of $25 million to $35 million on the restructuring plan, with the majority being incurred in the quarter ending April 30.
It is the latest global tech firm to cut back its staffing in the face of slower growth.
