Data observability platform Splunk's recent SEC filing revealed that the company is laying off around 4% of its staff.  The layoff is expected to affect around 325 employees, mainly from North America.  According to the SEC filing, the layoff is part of the company's measure to optimize costs and processes ahead of uncertain macroeconomic conditions.  The downsizing plan is expected to cost the company $28M in severance checks and other costs.  The company plans to continue to select recruiting global content in lower-cost regions.