IT service management firm Freshworks has raised their forecast for the annual results while also saying they will be laying off 13% of the workforce to streamline operations.

:Freshworks raised its annual revenue and profit forecasts on Wednesday after upbeat third-quarter results, helped by demand for its AI-driven products, sending its shares up more than 15 per cent in extended trading.The California-based company said it will lay off 13 per cent of its workforce, or 660 employ