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Thiel tech firm Palantir plans to cut jobs in capital

Evening Standard

|

May 23, 2023

TECH giant Palantir is planning to axe scores of jobs from its London office, the Standard can reveal

Thiel tech firm Palantir plans to cut jobs in capital

The Colorado-based data analytics business co-founded by billionaire Peter Thiel is consulting over proposals to slash as many as 75 jobs from the capital. That would represent a cut of just over 12% of its UK workforce, based on employee numbers in its most recent accounts filed with Companies House.

Last year, the firm was reportedly considering opening a second UK base in the north of England, possibly near the NHS Digital headquarters in Leeds. But those plans are now under review and a final decision has yet to be taken.

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