Splunk to lay off nearly 7% of its workforce

November 1, 2023 8:48 AM EDT

(Reuters) - Splunk said on Wednesday it would lay off nearly 7% of its workforce, or about 560 employees, as the software company looks to reduce costs in an uncertain macroeconomic environment.

(Reporting by Arsheeya Bajwa in Bengaluru; Editing by Shilpi Majumdar)



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