Deltek lays off 275 workers in global workforce reduction

Deltek, the software and market intelligence company, is reportedly laying off 275 employees.

A Deltek spokesman confirmed the layoffs, but would not go into details on the numbers or what parts of the company are being affected.

“Deltek recently made a difficult decision to reduce the size of its global workforce as part of a broader effort to invest in long-term growth,” the spokesman said.

The website theLayoff.com first reported the cuts, which took place between Jan. 12 and Jan. 17.

Deltek has about 3,000 employees, so the layoffs represent less than 10% of the company.

“We are grateful for the contributions of the colleagues who were impacted and are supporting them through this transition with care and respect,” the spokesman said.

Deltek has two parts to its business. The enterprise software business has products such as Costpoint, an enterprise resource planning software. Contractors use Costpoint to manage compliance, project accounting, financial management and requirements from the Defense Contract Audit Agency.

The company also has project management software such as Maconomy, which is primarily for commercial professional services firms.

The market intelligence includes Deltek's GovWin product. GovWin tracks contracts, upcoming opportunities, competitive analysis and forecasts in the government and education markets.

Deltek is a global company headquartered in Herndon, Virginia. It has offices in Canada, the U.K., Denmark, Germany, Norway, Sweden, the Netherlands, India and the Philippines.

The company was acquired by Roper Technologies in 2016 in a $2.8 billion transaction. Roper is a publicly-traded holding company with nearly 30 businesses under its umbrella.