Anaplan Layoffs Reportedly Take Their Toll on Hundreds

Anaplan layoffs reportedly are hitting about 300 workers at the company’s U.S. and U.K. offices.

That’s according to The Information, which cites people familiar with the matter. It said the layoffs were discussed with employees at a meeting led by CEO Charlie Gottdiener and chief people officer Carey Pellock.

Anaplan’s headquarters are in San Francisco. The company is a provider of business planning software.

In June 2022, Thoma Bravo completed its acquisition of Anaplan, taking the company private. The company was worth about $10.7 billion, and Thoma Bravo’s offer represented a 45% premium over Anaplan’s value at the time.

In a Worker Adjustment and Retraining Notification (WARN) notice with the California Employment Development Department, Anaplan said the mass layoffs are impacting 119 workers at its San Francisco facility.

Anaplan Layoffs Permanent

“All affected employees have been notified of their separation dates and that their separation from employment will be permanent,” Anaplan said in its WARN notice. “Those employees are expected to be separated from employment as soon as June 28, with the majority being separated no later than Aug. 21, with all separations accomplished soon after that date.”

Anaplan has more than 200 partners and more than 2,000 customers worldwide.

Associate software engineers, platform engineers and senior software engineers are among those getting pink slips. The impacted employees won’t be able to displace more junior employees out of their job positions as a result of this mass layoff. None of the employees impacted by the mass layoff is represented by a union.

We couldn’t reach Anaplan for comment. It doesn’t give a reason for the layoffs in its WARN notice.

The onslaught of tech companies announcing layoffs impacting thousands of workers continued into the second quarter of 2023. Since the start of the year, more than 40 companies doing business in the channel have announced job cuts.

Anaplan joins F5, CDW, Red Hat, Dropbox and Akamai among the latest pink-slipping workers.