San Jose, California-based Nutanix, a cloud computing company that offers software, cloud services, and software-defined storage, has announced a major reduction in force after a review of its business structure and after taking other cost-cutting measures to reduce expenses in the company's drive towards profitable growth,
The reduction in force will impact 270 employees and is scheduled prior to the close of the company's end of its fiscal quarter ending October 31, 2022.
According to a company spokesperson, “As hard as it is to make decisions that impact employees, we believe this will enable Nutanix to be more efficient and flexible going forward as we navigate a challenging macroeconomic environment. We are committed to treating our impacted employees with respect and supporting them through the transition.”
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