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Nutanix announced a plan to reduce its global workforce by approximately 5% to streamline organizational structure and…
NTNXNutanix, Inc.
Nutanix announced a plan to reduce its global workforce by approximately 5% to streamline organizational structure and improve operational efficiency. The company expects to substantially complete the reduction by October 2026, incurring aggregate pre-tax charges of $33 million to $43 million, primarily for severance and termination benefits. Nutanix operates in the enterprise software industry, providing cloud computing and data management solutions.