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Thiel’s Palantir Boosts Hiring While Others Are Cutting Jobs

  • Headcount estimated to increase about 25% by year’s end
  • Company to reach roughly 3,670 on staff, up from 2,920 in 2021
Peter Thiel

Peter Thiel

Photographer: Kiyoshi Ota/Bloomberg
Updated on

Palantir Technologies Inc. is significantly accelerating its pace of hiring this year to help meet ambitious sales goals, defying convention when many other technology companies are freezing headcount or cutting jobs.

The move reflects the ethos of the company’s chairman and co-founder, Peter Thiel, who built a fortune by going against popular opinion in Silicon Valley. Palantir, which sells data analysis software to governments and companies, is on track to increase headcount about 25% by the end of the year, Lisa Gordon, a spokeswoman for the company, told Bloomberg.