‘Destroyed the company’: Software giant Anaplan begins layoffs after Thoma Bravo’s $10.4B buyout deal

Thoma Bravo founder Orlando Bravo is pictured.The buyout firm’s budget-slashing moves and leadership changes have been a source of major friction with longtime employees since the deal closed, sources said.

“Those employees are expected to be separated from employment as soon as June 28, with the majority being separated no later than August 21, with all separations accomplished soon after that date,” the notice said. A representative for Thoma Bravo declined to comment. Anaplan representatives did not return multiple requests for comment.

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