Over the past year, dozens of cybersecurity firms have announced staff reductions as part of organizational strategies, often as a result of the global economic slowdown.
One of the newest announcements came from Sophos, which confirmed reports that it would be laying off 10% of its global workforce in mid-January. As the company shifts its emphasis to cybersecurity services, including managed detection and response, approximately 450 people are said to have lost their jobs.
Jumio, a company that verifies identities, also announced it was firing about 100 employees at around the same time. Lacework, a cloud security company, announced in May 2022 that it would be eliminating 300 positions, or about 20% of its workforce.
Read More: Dozens of Cybersecurity Companies Announced Layoffs in Past Year
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