Palantir Layoffs

Industry Data · Location Denver · United States · Subscribe (RSS)

2
Layoff rounds
195
Employees laid off
Post-IPO
Funding stage
$3.0B
Total raised
PLTR $135.53 ▼ 4.35%
close June 5, 2026

Palantir has 2 publicly reported layoff rounds on record between February 27, 2023 and March 27, 2025. A total of about 195 employees were affected across these rounds.

Layoff history

March 27, 2025
Palantir cut 120 employees
120 laid off Location Denver PLTR -2.37% that day, -4.71% next day

In late March 2025, Palantir cut its centralized IT department from more than 200 people to fewer than 80, eliminating roughly 120 roles as it dissolved a traditional shared-services model. CIO Jim Siders said the restructuring was inspired by an MIT professor's argument to "abolish the IT department," treating it as a "wake-up call." Rather than maintaining a central team, Palantir redistributed IT functions into individual business units, using its own AI-powered Foundry platform to push technology closer to the teams that need it. Siders credited the shift with producing "faster decision-making, tighter feedback loops, and lower operational drag." The move came as the company was approaching $4 billion in annual revenue. No severance details were disclosed.

Reason: IT decentralization and operational restructuring

Source: finance.yahoo.com

February 27, 2023
Palantir cut 75 employees (2% of staff)
75 laid off 2% of workforce Location Denver PLTR -0.74% that day, -2.37% next day

Palantir disclosed a workforce reduction affecting its Denver operations in February 27, 2023. Approximately 75 roles were eliminated.

Source: cnbc.com

Data for Palantir is compiled from public WARN Act filings and reporting linked above. See our methodology.