MapR Technologies has filed documents with a California state agency stating it could cut more than 100 jobs at its Silicon Valley headquarters in the coming few weeks if the company is unable to close on a "strategic transaction." The company has already cut positions in its sales and marketing divisions.

According to a filing with California’s Employment Development Department, MapR notified the state agency on May 14 of plans to cut up to 122 jobs at its Santa Clara headquarters. Those cuts, which are labeled as “closure permanent” in the Worker Adjustment and Retraining Notification (WARN) filing, are set to be effective by June 14.

Published reports indicated that the company was shutting down and that the job cuts were hitting much of MapR’s executive suite. However, SDxCentral received comment from a company representative that stated the company is still operating and that John Schroeder remains CEO.

The company statement did acknowledge earlier reports that it has cut jobs tied to changes in its sales and marketing efforts, but said it remained focused on preserving its operations.

“MapR is actively pursuing a strategic transaction that might allow it to complete this transition and avoid closing its Santa Clara site,” the statement noted. “In fact, MapR received more than one letter of intent from interested parties, and today is engaging in the due diligence process in a transaction which, if consummated, may eliminate the need to close the Santa Clara site.”

However, it did admit that while it was “optimistic about the possibility of a strategic transaction taking place, such things are inherently uncertain. For that reason, MapR concluded that the most prudent course of action was to provide Santa Clara employees with the notice required under applicable law (WARN) while it continues to pursue a transaction that if successful may permit it to keep the Santa Clara site open and retain many of the employees that might have otherwise been affected.”

MapR was founded in 2009, and has raised $280 million through seven funding rounds. Those investors include Lightspeed Venture Partners, Future Fund, Silicon Valley Bank, CapitalG, Mayfield Fund, and Redpoint.

However, the firm has had to navigate an increasingly competitive market as of late. MapR is most often lumped with big data storage and analytics firms like Cloudera and Hortonworks. Those two companies recently merged operations in an effort to better compete against heavyweights IBM, Oracle, and SAP.

MapR had been eyeing an initial public offering (IPO), but was never able to pull the trigger. Schroeder returned to lead the company in early 2018, taking over for former Oracle executive Matt Mills who was named head of MapR in mid-2016.

Editor's Note: We have clarified the opening paragraph to make it more clear that the job cuts would occur if the company is unable to close on a "strategic transaction."