Business software company Anaplan has initiated significant layoffs, affecting hundreds of employees following its acquisition by private equity firm Thoma Bravo in a $10.4 billion deal last year. According to reports and insider interviews, at least 300 workers are being let go, with some estimates reaching over 500 across U.S. and UK offices, potentially impacting more than 15% of the workforce. The cuts, which include roles like software engineers and security analysts, are part of broader cost-cutting measures under Thoma Bravo, leading to employee concerns over morale and job security. Notices indicate separations will occur from late June through August, with at least 119 layoffs at the San Francisco headquarters alone.
