Layoff Details
- Reason
- 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.
Sources (3)
2
3
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Recent Deepwatch News
Deepwatch Names Brian Dhatt CEO to Advance Autonomous Security Operations Platform - citybiz
citybiz • May 5
Deepwatch Appoints Brian Dhatt as Chief Executive Officer to Lead its Next Phase as a Scaled Autonomous SOC Platform - Morningstar
Morningstar • May 4
Deepwatch names Brian Dhatt CEO as cybersecurity firm scales AI-driven platform - The Business Journals
The Business Journals • May 4
Cybersecurity firm Deepwatch lays off dozens, citing move to ‘accelerate’ AI investment - TechCrunch
TechCrunch • Nov 12
Company Info
- Website
- www.deepwatch.com
- Industry
- Security Software
- Headquarters
- Palo Alto, CA, USA
- Founded
- 2015
- CEO
- John DiLullo
- Employees
- 170
Event Snapshot
Employees Affected 80
Percent of Workforce 32.0%
Verification UNVERIFIED
No other canonical layoff events recorded for this company.
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