Informatica
In early January, Informatica confirmed layoffs impacting about 450 employees, or about 7% of its workforce.
Informatica detailed the layoffs in a U.S. Securities and Exchange Commission (SEC) filing. The company provides enterprise cloud data management and is based in Redwood City, California.
“The plan is intended to better align the company’s global workforce and cost base with its cloud-focused strategic priorities and current business needs,” Informatica said in the SEC filing.