Department affected: IT.
Based on news reporting.
Palantir Technologies Inc. has laid off 60% of its IT department as part of a strategic shift towards a decentralized technology model. This decision reflects the company's ongoing efforts to adapt to changing market demands and optimize its operational structure. The layoffs are part of a broader restructuring initiative aimed at enhancing efficiency and innovation within the organization. While specific details about the total number of employees in the IT department were not disclosed, the cuts represent a significant reduction in workforce. The company continues to focus on its core mission of providing advanced data analytics solutions.
Palantir Technologies Inc. cut 60 jobs affecting its IT team as of October 1, 2023.
That is roughly 1.5% of the 3,892 people Palantir Technologies Inc. employs.
LayoffTalk has tracked 3 layoff events at Palantir Technologies Inc. since October 2023, affecting a combined 320 employees.
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