CrowdStrike to lay off around 500 employees; cites push for efficiency after global IT outage
By
Binu Mathew
CrowdStrike, the cybersecurity firm behind last year’s global IT outage, has announced plans to cut 5% of its workforce — around 500 jobs — as part of a broader effort to improve efficiency, partly driven by its increasing reliance on artificial intelligence.
Despite the layoffs, the company said it would continue hiring in strategic areas through the end of its fiscal year, which concludes on January 31, 2026.