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).
Despite double-digit growth in its most recent fiscal quarter, US cybersecurity vendor Rapid7 is pivoting to MSPs and shedding around 18 per cent of its workforce.
Stock Market | FinancialContent Business Page financialcontent.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialcontent.com Daily Mail and Mail on Sunday newspapers.
CHICAGO, May 18, 2023 /PRNewswire/ The expansion of the MDR market is being propelled by the rise in incidents involving business email compromise, ransomware, and crypto-jacking threats