According to recent filings submitted to the U.S. Securities and Exchange Commission (SEC) by Vertex, the company has announced an organizational restructuring plan.

The plan includes cutting approximately 170 positions worldwide, which accounts for 9% of the company’s total global workforce as of April 27, 2026. This staff reduction measure reflects the company’s strategic adjustment to optimize operational efficiency. By cutting nearly 10% of its workforce, Vertex aims to reallocate resources to cope with current market changes. The document clearly outlines the specific actions taken by the company to enhance its long-term competitiveness while also highlighting the overall challenges faced by the technology industry.