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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.
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The Register broke the news in on Wednesday, May 7, 2025.
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