Company behind global IT outage last year to cut 5% jobs, bets on AI for efficiency

CrowdStrike – the cybersecurity company that caused a global IT outage last year – has confirmed its plans to cut 5% of its workforce, in part due to its AI efficiency efforts. The company said it would lay off around 500 employees as part of recent global redundancies, but also said it planned to hire in key strategic areas by the fiscal year ending 31 January 2026.

In a stock market filing in the US, CrowdStrike said, “We’re operating in a market and technology inflection point, with AI reshaping every industry, accelerating threats, and evolving customer needs.”