Malwarebytes Layoffs

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Cybersecurity firm Malwarebytes laid off approximately 100 to 110 employees globally in late August 2023 as part of a major strategic reorganization. The layoffs, which primarily affected corporate staff, were implemented to rationalize expenditures ahead of a planned split of the company into two separate business units: one focused on consumer tools like identity protection and VPN, and the other on enterprise-facing software. This move follows a previous round of layoffs a year earlier and comes after the departure of several top executives. CEO Marcin Kleczynski confirmed the restructuring but denied any plans to sell parts of the business, stating that Malwarebytes remains healthy and profitable.

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