Data Intelligence Software Provider Collibra Implements Employee Cutbacks

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.ADVERTISEMENT
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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.LEARN MORE: Database and System Software  | Cloud Software  | 2020 Year So Far 

 Learn About Rick Whiting

RICK WHITING 

Rick Whiting has been with CRN since 2006 and is currently a feature/special projects editor. Whiting manages a number of CRN’s signature annual editorial projects including Channel Chiefs, Partner Program Guide, Big Data 100, Emerging Vendors, Tech Innovators and Products of the Year. He also covers the Big Data beat for CRN. He can be reached at [email protected].

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