Cybersecurity giant Crowdstrike said on Wednesday that it would dismiss 5% of its global workforce, which represents around 500 workers.
In an 8 k fileCrowdsstrike said that layoffs were part of a “strategic plan (the” plan “) to develop its operations to give greater efficiency while the company continues to develop its activities with a concentration and a discipline to achieve its 10 billion dollars objective at the end of the end [Annual Recurring Revenue]. “”
The company also said that it was planning to “hire key strategic fields throughout its financial year ending on January 31, 2026”.
“These changes position us to go faster, work more efficiently and continue our leadership in cybersecurity,” said George Kurtz, CEO of the company, in a letter to the employees, according to The Wall Street Journal.
Crowdstrike became a familiar name in 2016 when he investigated the hacking of the National Democratic Committee and awarded it to the Russian government. Last summer, the company made the headlines for bad reasons – a defective update of its software had an impact on 8.5 million Windows aircraft worldwide, caused a massive breakdown worldwide, forcing airports to close and hinder airlines, banks, hotels and other types of businesses.