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Experience management company Qualtrics plans to lay off about 270 roles that “do not map to priority areas,” CEO Zig Serafin wrote in a memo to employees on Wednesday. The cuts impact less than 5% of Qualtrics’ total workforce, and affected some workers in Seattle, where the company employs about 1,000 people. Qualtrics, which spun out from SAP and raised $1.55 billion in its IPO two years ago, calls Seattle its co-headquarters, along with its longtime home in Provo, Utah.
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