SecurityUS

Zscaler Layoffs

March 2023

Zscaler announced a layoff affecting 177 employees (3% of its workforce) in March 2023. The company operates in the Security sector.

People Affected

177

Percentage

Announced Date

Mar 2, 2023

About

Cybersecurity firm Zscaler has laid off approximately 177 employees, representing 3 percent of its workforce of about 5,900. The company disclosed the restructuring plan on Thursday, following a period of aggressive hiring that doubled its team size over the past 18 months. Amid a challenging economic environment, Zscaler initiated a targeted optimization to streamline operations, address inefficiencies, and better align resources with strategic priorities. The layoffs are part of a broader trend in the tech and cybersecurity industries, with the company, a leader in cloud-based security and zero trust network access, aiming to drive profitable growth.