Thread regarding Informatica Corp. layoffs

Massive 10% Layoffs is coming

Inside from HR … EMEA and India are mainly impacted.
Please anyone got the same rumors confirm

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| 2682 views | | 4 replies (last November 1, 2023)
Post ID: @OP+1mVNilIx

4 replies (most recent on top)

Announces restructuring plan to reduce global workforce by 10%; the plan streamlines the Company’s cost structure as a direct result of its cloud-only, consumption-driven strategy announced in January 2023; the Company expects no impact to full-year 2023 guidance

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Post ID: @2soam+1mVNilIx

Q3 results …. Are a disaster. Big issue

time for a RIF

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Post ID: @21bqh+1mVNilIx

Yes confirmed …. HR start to call people yesterday in Germany UK e France .
Also HR is impacted as well

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Post ID: @Ekhx+1mVNilIx

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