CrowdStrike trims workforce by 5 percent, aims to rely on AI
- CrowdStrike announced a 5% workforce reduction of about 500 employees in a May 2025 SEC filing to increase operational efficiency.
- The layoffs follow evolving market demands and advances in AI, which CrowdStrike said reshape industries and customer needs.
- CEO George Kurtz emphasized that AI integration drives both productivity improvements and the shift to new cybersecurity market segments.
- CrowdStrike expects charges of $36 million to $53 million in fiscal 2026 related to severance, benefits, and stock-based compensation.
- The company aims to realign its business for growth and maintain hiring in key strategic areas despite the layoffs.
15 Articles
15 Articles
CrowdStrike cuts 5% of workforce after revenue jumped 29% last year
CrowdStrike is cutting 5% of its workforce, about 500 positions, telling its staff that it’s shifting resources and realigning its operating model for growth in new market segments, according to a Wednesday filing with the Securities and Exchange Commission. The company is slashing headcount following a year of significant growth in a strong market. CrowdStrike’s revenue jumped 29% year-over-year to $3.95 billion in fiscal year 2025, which ended…
CrowdStrike lays off 500 workers despite reaffirming a strong 2026 outlook
CrowdStrike reiterated its fiscal 2026 first quarter and annual forecasts on Wednesday and announced a plan to cut about 500 roles, roughly 5% of its workforce, to streamline operations and reduce costs. The cybersecurity company will incur about $36 million to $53 million in charges related to the layoffs, of which about $7 million will be recognized in the first quarter ended April 30, it said in a regulatory filing. Austin, Texas-based CrowdS…
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