Equinix is making three percent of its global workforce - some 400 staff - redundant.
The colo giant said it is evolving the services it offers, and has eliminated the roles as part of this realignment. It employs 13,000 people around the world.
Confirming the redundancies to Lightreading, which first reported the news, Equinix said in a statement: “Equinix continues to evolve our services to ensure we provide the highest value to support the changing needs of our customers.
“As part of these ongoing efforts, we will at times make internal adjustments to reallocate resources and prioritize initiatives that accelerate our strategy. To that end, we recently eliminated a limited number of roles (approximately three percent of our global workforce) to align with current priorities. We continue to actively recruit new talent to serve customers and drive growth."
The company said in a regulatory filing that 87 roles will go at its Redwood City headquarters in California, with these staff set to leave the business by December 6. They will follow CIO Milind Wagle and CISO Michael Montoya out of the door, with both executives having left the company in recent months.
Equinix operates more than 260 data centers in 33 markets globally, and reported revenue of $2.2 billion for the third quarter of this year, up seven percent on 2023.
It appointed Adaire Fox-Martin as CEO earlier this year, and since then appears to have been putting increased focus on its xScale offering launched to cater to hyperscalers, forming multiple joint ventures to fund large projects.
DCD revealed earlier this month that the firm was shuttering Equinix Metal and has already stopped selling the bare metal service. It will sunset the platform in June 2026.
Equinix said in its most recent earnings call that a number of roles were at risk as a result of the decision, and dozens of Metal staffers have taken to social media to announce their departure.