Splunk to lay off 4% of its staff in latest sign of software cutbacks – MarketWatch
Splunk Inc. intends to lay off about 4% of its staff as cutbacks in the software industry intensify.
The move will impact about 325 employees at Splunk
SPLK,
+1.19%,
mainly in North America.
“This decision is another step in a broader set of proactive organizational and strategic changes that include optimizing our processes, cost structure and how we operate globally to ensure Splunk continues to balance growth wi…….