If you write for a living, or you’re a student, Grammarly is probably one of your best friends online. Grammarly will help you find and correct grammatical and spelling mistakes and the paid version of the app and website will give you real-time writing suggestions to improve your report. For $12 a month, the paid version of Grammarly will even alert you to accidental plagiarism.
The executive made it clear that the layoffs were not a cost-cutting measure and said that Grammarly’s financial position remains “strong.” Instead, reducing the headcount is being done to get Grammarly prepared for the coming AI future. Those leaving the company will receive a minimum of 3 months’ base pay. That increases for team members who have been with the company longer. U.S.-based team members leaving the company will have an option to continue receiving their health insurance benefits for up to six months.
Grammarly is squarely focused on a future with AI
Looking ahead, it’s easy to see that Grammarly is hanging its hat on AI. CEO Roy-Chowdhury wrote, “We see massive opportunity as every individual and business begins to harness the power of AI. For nearly 15 years, we’ve been building a product that helps millions of people every day, makes teams measurably more productive, and is already used by employees in 96% of the Fortune 500. We’ll build on this foundation to bring even more value to our customers. AI will fundamentally change the workplace for the better—and Grammarly will play a leading role in driving that change.”
