DataStax faced layoffs in December after leadership change - Business Insider

, faced a major round of layoffs right before Christmas, and shortly after a leadership shakeup that saw the arrival of a new CEO.

Somewhere between 60 to 100 people were laid off in mid-December, three sources close to the company estimated. According to Pitchbook,has about 500 employees. The professional services and customer success team were hit the hardest by the layoffs, sources said, and employees in the graph database, solutions engineering and sales teams were also impacted.

DataStax builds software using Apache Cassandra, a popular open source database that was originally started at Facebook. Internally, some DataStax employees believe the company was too slow to offer versions of its software that were optimized to run on cloud platforms like Amazon Web Services or Microsoft Azure, and that it was struggling to compete with those tech titans, who offer their own database products, four sources said.

The layoffs were driven from a change in direction under new CEO Chet Kapoor, who joined in October, to focus more on the company's cloud offerings, a source said. A key part of Kapoor's strategy is to build the company's appeal to developers and generate a loyal community of users as a bulwark against competitors, three sources said.A new threat from Amazonand changes in the past year, including another major round of layoffs.

"This has been a time of tough decisions and we have done everything we can to transition these valued people with dignity and compassion," DataStax's former CEO Billy Bosworth and cofounder Jonathan Ellis wrote in

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How Tesla CEO Elon Musk makes and spends his $33.6 billion fortune - Business InsiderElon Musk made $2.3 billion in the hour after Tesla announced better than expected earnings. Here's how the eccentric CEO makes and spends his $33.6 billion fortune. Eat the rich He does whatever he wants Well done! Congratulations
Source: BusinessInsider - 🏆 729. / 51 Read more »

Microsoft CEO Satya Nadella on focusing on single products over others - Business InsiderCEO Satya Nadella says that no single Microsoft product is more important than the company's overall mission: 'There's no such thing as a canonical business'
Source: BusinessInsider - 🏆 729. / 51 Read more »

IBM's new CEO said he is targeting the $1 trillion hybrid cloud market - Business InsiderIBM's new CEO, Arvind Krishna, is a 29-year veteran who has been leading the company's bid to conquer the $1 trillion hybrid cloud market. 1. Arvind Krishna elected as IBM CEO 2. Jim Whitehurst elected IBM President 3. Ginni Rometty as Executive Chairman of the Board all things considered, for me, in short, this reads like rock solid success plan for the continued future of IBM, made up of a team of champions
Source: BusinessInsider - 🏆 729. / 51 Read more »

Experts give new IBM CEO the thumbs up: Big Blue needs 'a heavyweight' - Business InsiderExperts give IBM's new CEO the thumbs up: He could be the 'heavyweight' the company needs to really compete with Amazon and Microsoft Protect my pension, Big Blue.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Wall Street analysts pushed for IBM CEO Ginni Rometty to retire - Business InsiderWall Street analysts and pundits were pushing for Ginni Rometty to retire as CEO, even after a killer quarter and promises for more growth
Source: BusinessInsider - 🏆 729. / 51 Read more »