Palantir

Palantir laid off 120 employees on 2025-03-27.

Palantir, the data analytics software company known for its government and defense work, is laying off approximately 75 employees, representing about 2% of its workforce of 3,838. The company confirmed the cuts on Monday, stating it was a tough but necessary choice to reduce teams in several areas as it reaches an inflection point and aims to continue evolving. This move follows Palantir's recent report of its first profitable quarter and an 18% revenue increase, yet it aligns with a broader wave of layoffs across the tech industry as companies adjust after a period of rapid growth. Despite the reductions, Palantir plans to continue hiring in strategically important areas.