SecurityUS

HackerOne Layoffs

August 2023

HackerOne announced a layoff affecting 450 employees (12% of its workforce) in August 2023. The company operates in the Security sector.

People Affected

450

Percentage

12%

Announced Date

Aug 2, 2023

About

HackerOne, a bug bounty and penetration testing platform, is laying off 12% of its workforce, impacting employees worldwide, as a one-time event due to the global economic slowdown and cost burdens from products that did not meet expectations. The company has over 450 employees, suggesting more than 50 are affected, with severance packages provided. The layoffs were announced on Wednesday.