Another S.F. tech company announces layoffs as cuts continue

San Francisco data software company Splunk said in its securities filings that it will furlough 4% of its approximately 325 employees worldwide as technology job cuts continue across cities, countries and the world. I was.

The company’s president and CEO, Gary Steele, said in filings with the U.S. Securities and Exchange Commission that the cuts will primarily affect its workforce in North America.

Steele will provide affected U.S. employees with “access and guidance for retirement benefits, medical benefits, careers and job placement services, March stock acquisitions and 2023 bonus payments, and for pursuing other roles within Splunk.” said it would support affected employees by providing

Employees laid off outside the U.S. will receive similar assistance, the company said, without elaborating. Steele said employees would be notified all day Wednesday if they were fired, but did not specify when the last day would be.

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