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Nutanix Cuts 390 Jobs Amid Strong Q3 | Oakland News
Nutanix, the cloud computing giant, is cutting 5% of its global workforce—roughly 390 jobs—amid a push to streamline operations and focus on future growth. Despite reporting strong Q3 earnings with $700M in revenue and 700+ new customers, the move signals a strategic pivot. The restructuring will cost between $33M–$43M, mostly in severance, while the company’s stock remains steady year-to-date. In tech, even thriving companies must adapt—and this shake-up could reshape Nutanix’s path forward. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on…
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