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Barchart
Wajeeh Khan

NTNX Stock Layoffs: What to Know About the Latest Nutanix Job Cuts

Nutanix (NTNX) stock is in focus on Tuesday after the software company announced layoffs affecting about 5% of its overall headcount.

The announcement arrives just weeks before NTNX is scheduled to report its Q2 earnings. Ahead of the quarterly print, the firm’s RSI sits in the mid-70s, indicating overbought conditions.

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