Informatica to cut 450 jobs with Irish employees likely affected
The software development company, which employs more than 5,500 people globally, is to lay off 7 per cent of its workforce
Informatica, the US data management company that employs over 150 people in Ireland, has become the latest tech firm to announce redundancies, with Irish employees expected to be among those affected.
The firm, which employs more than 5,500 people globally, is laying off 7 per cent of its workforce, equivalent to approximately 450 employees. Informatica said in a filing that it expects to incur non-recurring charges of approximately $25 million to $35 million to cover ...