SecureWorks Layoffs
August 2023
SecureWorks announced a layoff affecting 300 employees (15% of its workforce) in August 2023. The company operates in the Security sector.
300
15%
Aug 14, 2023
About
Cybersecurity firm SecureWorks announced on August 14, 2023, that it will lay off approximately 300 employees, representing 15% of its global workforce. This marks the company's second round of job cuts in 2023, following a 9% reduction in February when it had about 2,149 full-time employees. CEO Wendy Thomas cited the need to simplify and scale the business to achieve profitable growth. The layoffs, expected to cost around $14.2 million in termination benefits and real-estate expenses, are part of a broader trend of workforce reductions in the tech and cybersecurity sectors, with affected employees' last day set for August 25.
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