Proofpoint is shedding about 6% of its world workforce, or 280 workers, the corporate confirmed to information.killnetswitch.
“This choice was not taken flippantly, and it’s deeply rooted in our forward-looking firm technique of aligning our investments and hiring to our strategic priorities, increasing our operational footprint by leveraging a world expertise pool, and streamlining our group with fewer administration layers,” in an organization assertion supplied by Proofpoint spokesperson Jennifer Duffourg.
Proofpoint mentioned about half of the positions it eradicated shall be moved to its world facilities in Eire and Argentina. Proofpoint added that it expects to finish the yr with “the same headcount” to the start of this yr, with out offering specifics.
The layoffs have been first reported by Calcalist.
Duffourg declined to remark additional when requested by information.killnetswitch what quantity of workers in administration have been affected by the layoffs.
Proofpoint’s management web page — which has no girls — says the corporate has about 4,500 workers.
Non-public fairness big Thoma Bravo acquired Proofpoint in a $12.3 billion money deal in 2021. Previous to the shut of the deal, Proofpoint reported that it made $1.05 billion in income throughout 2020, up 18% on the earlier yr. Thoma Bravo, one of many wealthiest personal fairness corporations on the planet, says it has $134 billion in belongings below its administration as of September 2023.
Proofpoint’s spokesperson declined to say if the corporate was presently worthwhile.
