Qualtrics announced a total of 270 employees from their company, which means they layoffs 5% workforce from their total workforce.
Qualtrics is a single system of record for all experience data, managing customer, product, employee, and brand experiences on one platform. Experience management company Qualtrics plans to lay off about 270 roles that “do not map to priority areas,” CEO Zig Serafin wrote in a memo to employees on Wednesday. The cuts impact less than 5% of Qualtrics’ total workforce and affected some workers in Seattle, where the company employs about 1,000 people. Qualtrics, which spun out from SAP and raised $1.55 billion in its IPO two years ago, calls Seattle its co-headquarters and its longtime home in Provo, Utah.
Qualtrics, the world’s No. 1 Experience Management (XM) provider and creator of the XM category is changing the way organizations manage and improve the four core experiences of business customer, employee, product, and brand. Over 13,000 organizations around the world are using Qualtrics to listen, understand, and take action on experience data the beliefs, emotions, and intentions that tell you why things are happening, and what to do about it.