Trellix, a cybersecurity company formed from the merger of McAfee Enterprise and FireEye, laid off approximately 300 employees in early 2024. This reduction affected about 5% of its global workforce, which was reported to be around 6,000 employees at the time. The layoffs were part of a broader restructuring effort aimed at streamlining operations and improving efficiency within the competitive cybersecurity industry. This move reflects ongoing consolidation and strategic adjustments in the tech sector as companies navigate economic pressures and seek to optimize their resources for future growth.