PLTRPrivate
Evidence
62%Corroborated
FactConfirmedBusiness·March 20, 2026

Palantir Has Cut IT Staff by Over 50% and May Pursue Further Layoffs

Palantir CEO Alex Karp has already cut over half of Palantir's IT staff, a hiring freeze is in effect, and further layoffs may be forthcoming to help justify the company's high valuation.