Palantir Just Cut Over 60% of Its IT Team--And Got More Efficient

[Tellugodu]

Uncles be ready, next in line, non-tech companies aye, banking/pharma/manufacturing companies lo FT uncles careful. Writing is on wall, inka legacy tools/tech paina work chestam ante.  @Konebhar6 @Sucker @JANASENA

https://finance.yahoo.com/news/palantir-just-cut-over-60-192816370.html

Palantir Technologies (NASDAQ:PLTR) is rewriting the rules of corporate ITand investors should pay attention. In a recent interview, CIO Jim Siders revealed that Palantir has slashed its IT headcount from over 200 to fewer than 80, all while accelerating growth and maintaining operational edge. The move isn't just cost-cuttingit's strategic. By leveraging its own AI-powered Foundry platform, Palantir has embedded IT functions directly into business units, replacing legacy silos with agile, federated systems. It's a radical shift that reflects a bigger cultural mindset inside Palantir: challenge everything, especially structures that no longer serve the mission.

Siders credited an MIT professor's push to abolish the IT department as a wake-up calland Palantir ran with it. The result? Faster decision-making, tighter feedback loops, and lower operational drag. It's a clean break from the bloated IT departments most corporates are still clinging to. Instead of centralizing tech, Palantir pushes it to the edgecloser to the teams that actually need it. With AI doing more of the heavy lifting, the company is proving that leaner can also mean smarter, faster, and more scalable.

This evolution comes as Palantir approaches $4 billion in annual revenue and rides a wave of commercial momentum. While others scramble to right-size in an AI-driven world, Palantir is already operating like the future has arrived. For investors, this could signal something bigger than internal efficiencyit's a blueprint for modern enterprise architecture that could expand margins and unlock new value as AI adoption accelerates.

[Ravi860]

Paamulu pattevadu paamu katuke bali ante idhenemo 

[futureofandhra]

7 minutes ago, Tellugodu said:

Uncles be ready, next in line, non-tech companies aye, banking/pharma/manufacturing companies lo FT uncles careful. Writing is on wall, inka legacy tools/tech paina work chestam ante.  @Konebhar6 @Sucker @JANASENA

https://finance.yahoo.com/news/palantir-just-cut-over-60-192816370.html

Palantir Technologies (NASDAQ:PLTR) is rewriting the rules of corporate ITand investors should pay attention. In a recent interview, CIO Jim Siders revealed that Palantir has slashed its IT headcount from over 200 to fewer than 80, all while accelerating growth and maintaining operational edge. The move isn't just cost-cuttingit's strategic. By leveraging its own AI-powered Foundry platform, Palantir has embedded IT functions directly into business units, replacing legacy silos with agile, federated systems. It's a radical shift that reflects a bigger cultural mindset inside Palantir: challenge everything, especially structures that no longer serve the mission.

Siders credited an MIT professor's push to abolish the IT department as a wake-up calland Palantir ran with it. The result? Faster decision-making, tighter feedback loops, and lower operational drag. It's a clean break from the bloated IT departments most corporates are still clinging to. Instead of centralizing tech, Palantir pushes it to the edgecloser to the teams that actually need it. With AI doing more of the heavy lifting, the company is proving that leaner can also mean smarter, faster, and more scalable.

This evolution comes as Palantir approaches $4 billion in annual revenue and rides a wave of commercial momentum. While others scramble to right-size in an AI-driven world, Palantir is already operating like the future has arrived. For investors, this could signal something bigger than internal efficiencyit's a blueprint for modern enterprise architecture that could expand margins and unlock new value as AI adoption accelerates.

What sort of old tech they are talking about 

[yemdoing]

200 to 80 not a big deal . These are just FT numbers . Do they do have IT contractors?

[Sucker]

5 minutes ago, yemdoing said:

200 to 80 not a big deal . These are just FT numbers . Do they do have IT contractors?

Contractors lepithe ne assam na anna

[enigmatic]

it is like an ai generated crap article with no specifics.

[Tellugodu]

13 minutes ago, yemdoing said:

200 to 80 not a big deal . These are just FT numbers . Do they do have IT contractors?

200 unna team lo 80 people fasak ante, it’s almost 40% impact kada bro, overall it’s around 5% of that company . 

[Tellugodu]

2 minutes ago, enigmatic said:

it is like an ai generated crap article with no specifics.

https://finance.yahoo.com/news/palantir-just-cut-over-60-192816370.html

[yemdoing]

4 hours ago, Sucker said:

Contractors lepithe ne assam na anna

no, its wrong way to measure how many FT are leppued. Count total head count of IT reduction (ft+con)

[yemdoing]

4 hours ago, Tellugodu said:

200 unna team lo 80 people fasak ante, it’s almost 40% impact kada bro, overall it’s around 5% of that company . 

uncertainity times lo companies increase contractors ratio vs FT. andhuke adiga