Okta Layoffs
August 2022
Okta announced a layoff affecting 24 employees in August 2022. The company operates in the Security sector.
24
Aug 26, 2022
About
Okta, a security technology company, laid off its entire US sourcing team in August 2022, affecting 24 employees, which represented about 0.4% of its global workforce. This move was part of a broader trend among tech companies, including Twitter and Apple, to reduce HR and talent acquisition roles amid economic uncertainty and hiring slowdowns. While Okta stated it continues to invest in high-growth areas and plans to increase overall headcount, the decision reflects a strategic shift as companies adjust to a looming recession by scaling back recruitment-focused positions.
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