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Company Lays Off 500 to 600 Technology Workers Globally
The company has cut between 500 and 600 information technology positions worldwide as part of a cost reduction and restructuring effort. The reductions have a significant impact in Austin, Texas, and Michigan. The move was reported by CNBC on Monday.
May 11, 4:06 PM·1m read2 sources
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The company has laid off between 500 and 600 information technology workers globally in a move intended to reduce costs and restructure operations. The reductions have had a significant impact in Austin, Texas, and Michigan, according to CNBC. The layoffs affect workers across multiple locations rather than being limited to a single site.
The company did not immediately respond to requests for additional details on the cuts or future staffing plans. The action comes amid broader efforts by several large employers to adjust workforce levels following shifts in business conditions after 2024.
Information technology roles support a range of functions including software development, infrastructure maintenance and data systems. Reductions in these areas can alter how the company manages internal technology projects and vendor relationships in the coming quarters.
The company has not released a breakdown of the specific positions eliminated or whether any were vacant roles. Affected workers received severance packages and outplacement support, though the precise terms were not disclosed.
