SecurityUS

Okta Layoffs

February 2025

Okta announced a layoff affecting 180 employees (3% of its workforce) in February 2025. The company operates in the Security sector.

People Affected

180

Percentage

Announced Date

Feb 4, 2025

About

U.S. identity management company Okta laid off 180 employees on February 4, 2025, representing about 3% of its workforce. This marks the third round of cuts in recent years, following reductions of 400 employees in 2024 and 300 in 2023. The company, which had approximately 5,300 employees in early 2024, stated the move is aimed at reallocating resources toward new growth areas. Despite the layoffs, Okta reported strong financial performance, with third-quarter revenue reaching $665 million, a 14% year-over-year increase.