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AI company to lay off more than 500 employees — after boasting about ‘strong’ third quarter

Por: New York Post Business November 07, 2023

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A tech company based in the San Francisco Bay Area bragged about its strong third-quarter results — only to announce that it was laying off hundreds of employees. Informatica, a cloud-based AI data company, that quoted CEO Amit Walia touting “another strong step forward” for the company. “Our team delivered another quarter exceeding guidance for the top and bottom line as we help customers increase productivity, drive efficiency, and... + full article



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