Technology companies have continued to lay off staff in 2024, despite improving fundamentals. Here's an updated timeline of notable layoffs, and reasons why Big Tech is in turmoil.
USF, Rapid7 Launch $1.5M Federally Funded Cyber Training Initiative miragenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miragenews.com Daily Mail and Mail on Sunday newspapers.
NCC Group, a UK cybersecurity firm with more than 14,000 customers, has confirmed it more staff are to lose their jobs, after it cut 125 roles in February.
Rapid7's "surprising" layoffs in the wake of growth crn.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crn.com.au Daily Mail and Mail on Sunday newspapers.
Despite double-digit growth in its most recent fiscal quarter, security vendor Rapid7 will lay off about 18% of its workforce – about 470 employees, with significant cuts to sales and engineering – as well as permanently close some office locations and invest in managed service providers (MSPs).