CrowdStrike trims workforce by 5 percent, aims to rely on AI
- CrowdStrike announced it will cut about 5% of its workforce, roughly 500 employees, as part of a strategic shift in 2025.
- The layoffs follow advances in artificial intelligence and evolving market conditions that prompted the company to seek greater operational efficiency.
- CrowdStrike plans to realign its business toward new security market segments and continue hiring in customer-facing and engineering roles despite the cuts.
- CEO George Kurtz explained that AI is smoothing the company’s hiring patterns and indicated that CrowdStrike anticipates incurring severance and benefits expenses estimated to be in the range of $36 million up to $53 million.
- The staff reduction aims to leverage AI-driven efficiencies while positioning CrowdStrike for growth toward a $10 billion annual revenue goal amid ongoing industry changes.
30 Articles
30 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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