UiPath Layoffs 2024: What to Know About the Latest PATH Job Cuts

UiPath traded at nearly $80 per share soon after a 2021 public offering at$56 per share. When I wrote about the company in 2022, I warned that it needed to become profitable and continue growing its top line to be worthy of investment. While UiPath has grown revenue by over 20% per year since then, it has continued to lose money. For the quarter ending in April, the first of its 2025 fiscal year, UIPath lost $28.7 million, 5 cents per share, on revenue of$335 million. PATH Stock and UiPath Layoffs: What H ...