Security Software

Employment trends and layoff analytics for the Security Software industry.

80
Total Affected
Since Jan 2024
1
Layoff Events
Across all companies
1
Companies
With layoffs
80
Avg per Event
Employees affected
0
Confirmed
Company verified events
0
Multi-Source
Multiple source verification
0
Severance Data
With severance information

Layoffs Over Time

By Sector

Security Software
80

Most Common Reasons

Deepwatch undertook a strategic restructuring to accelerate significant investments in AI and automation, aiming to enhance its technology capabilities and improve operational efficiency. This move, which included the launch of the NEXA AI platform, is part of a broader effort to align the organization for deeper investment in AI-driven capabilities amidst evolving market conditions and rising demands for advanced automation in the cybersecurity sector.
1 event

Recent Layoff Events

DateCompanyEmployeesReason
Nov 13, 202560-80 (32.0%)
Deepwatch undertook a strategic restructuring to accelerate significant investments in AI and automation, aiming to enhance its technology capabilities and improve operational efficiency. This move, which included the launch of the NEXA AI platform, is part of a broader effort to align the organization for deeper investment in AI-driven capabilities amidst evolving market conditions and rising demands for advanced automation in the cybersecurity sector.