Sophos
451
2
Layoff History
0
affected
Cybersecurity firm Sophos, headquartered in the U.K., is laying off approximately 6% of its combined workforce following its recent $859 million acquisition of U.S.-based Secureworks. The company confirmed the cuts in February 2025, attributing them to the delisting of Secureworks as a public company and the need to streamline duplicate roles created by the merger. While Sophos did not disclose the exact number of employees affected or its total headcount, this move comes after a previous 10% reduction in 2023 aimed at balancing growth and profitability. The layoffs reflect ongoing consolidation and restructuring within the cybersecurity industry.
450
affected
Cybersecurity firm Sophos announced a global restructuring in January 2023, resulting in layoffs affecting approximately 450 employees, which represents about 10% of its workforce. The company stated the move was necessary to achieve an optimal balance between growth and profitability amid a challenging global economic slowdown. Sophos aims to reallocate investments to strengthen its strategic focus on becoming a market leader in cybersecurity-as-a-service, particularly in managed detection and response. The layoffs impacted various job roles globally, with the company noting its managed services business generates over $175 million annually and is growing rapidly. Sophos serves over half a million organizations worldwide and reports annual revenues exceeding $1 billion.