OtherUS

Red Hat Layoffs

April 2023

Red Hat announced a layoff affecting 760 employees (4% of its workforce) in April 2023. The company operates in the Other sector.

People Affected

760

Percentage

Announced Date

Apr 24, 2023

About

Red Hat, a Raleigh-based software giant, announced layoffs affecting hundreds of employees on April 24, 2023. The cuts represent 4% of its global workforce, which totals around 19,000 employees, translating to approximately 760 jobs lost. This move is part of a broader trend of workforce reductions within the technology sector, as companies adjust to changing market conditions. The announcement highlights ongoing shifts in the industry, with Red Hat joining other tech firms in streamlining operations amid economic uncertainties.