CrowdStrike To Cut 5% Of Workforce. CEO Points To AI Productivity Gains.
CybersecurityLayoffsArtificialIntelligenceWorkforceProductivity
Cybersecurity company CrowdStrike Holdings (CRWD) will eliminate 5% of its workforce, amounting to 500 jobs, according to a regulatory filing by the company. The company cited productivity gains related to artificial intelligence as a factor in these layoffs. CrowdStrike also indicated that it plans to continue hiring in strategic areas.