Running your business News
Rick Whiting
October 25, 2022, 08:03 PM EDT
The developer of data catalog and data governance software has reportedly reduced its employee headcount by about 100 with former sales and marketing workers posting the news to LinkedIn.
Big data software developer Collibra has laid off an undisclosed number of employees over the last week, according to LinkedIn postings and the LayoffsTracker website.
LinkedIn postings starting five days ago indicate that Collibra implemented a global workforce reduction that included sales and marketing personnel, according to postings from sales area vice presidents, business development representatives, a partner marketing specialist and a social media program manager.
Altogether the company laid off 100 employees, according to Layoffs Tracker. Collibra itself has made no announcements and has not responded to a CRN request for comment.
[Related: The Big Data 100 2022]
Collibra, founded in 2008, has headquarters in New York and Brussels, Belgium. The company develops a number of big data software products all under “The Data Intelligence Cloud” name. Specific products include the company’s flagship data catalog and data governance software along with tools for managing data quality and observability, data privacy and data lineage.
The company, which works with services and technology partners, has more than 1,300 employees according to its own LinkedIn page. Collibra is scheduled to hold its Data Citizens ’22 conference in San Diego next week.
Collibra raised $250 million in a Series G round of financing in November 2021 that boosted the company’s valuation to $5.25 billion.
The reported layoffs at Collibra are the latest in a wave of employee reductions at both leading IT companies and previously fast-growing startups due to the uncertain economy.
Last week Intel CEO Pat Gelsinger told employees that the giant chipmaker is planning cutbacks. This week cybersecurity company Snyk said it is undertaking its second round of layoffs this year, reducing its global workforce by 198 employees or about 14 percent.
Rick Whiting
