Nutanix to cut ~5% of global workforce; expects $33M-$43M in pre-tax charges

Nutanix, Inc.

Workforce reduction of approximately 5% to streamline organizational structure and improve operational efficiency.
Estimated pre-tax charges of $33M to $43M, primarily consisting of one-time severance and termination benefits.
Substantially complete by end of October 2026; subject to local law and consultation requirements.
A substantial majority of charges expected to result in future cash expenditures.

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