Sprinklr implemented a global workforce reduction of approximately 12% in February 2025 as part of its ongoing transformation efforts. This action is aimed at optimizing the company's expense base and rebalancing investments and resources.
The restructuring is a key component of the company's strategy to drive durable, efficient growth and improve its performance towards a 'Rule of 40' target. This move is expected to contribute to margin expansion in future periods.
Restructuring charges related to this workforce reduction totaled $16.3 million, which were recognized in the first fiscal quarter of 2026. The company is focusing on strategic hiring in key growth areas to support its go-to-market, implementation, AI, and R&D capabilities.
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