Deepwatch, a cybersecurity agency that makes an AI-powered detection and response platform, laid off dozens of workers on Wednesday, citing AI as one of many causes.
John DiLullo, CEO at Deepwatch informed information.killnetswitch in an e-mail that the corporate “is aligning our group to speed up our important investments in AI and automation.”
A present Deepwatch worker, who requested to not be named as a result of they weren’t approved to talk with the press, informed information.killnetswitch that the layoffs affected between 60 and 80 staffers, out of a workforce of round 250 workers. A publish on Linkedin by an individual who mentioned they had been laid off talked about 80 individuals as nicely.
“They’re doing one thing with AI and agentic AI nevertheless it feels like bullshit,” the present worker informed information.killnetswitch.
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Do you’ve extra details about the layoffs at Deepwatch? Or about layfoss at different cybersecurity corporations? From a non-work machine, you possibly can contact Lorenzo Franceschi-Bicchierai securely on Sign at +1 917 257 1382, or through Telegram and Keybase @lorenzofb, or e-mail. You can also contact information.killnetswitch through SecureDrop.
Eight former Deepwatch workers introduced that they had been laid off, in keeping with LinkedIn posts seen by information.killnetswitch.
Deepwatch will not be the one cybersecurity firm that has carried out layoffs this yr. In Might, cybersecurity large Crowdstrike laid off round 500 staff, or 5% of its workforce. The cuts got here regardless of a document yr with “working money move of $1.38 billion and document full yr free money move of $1.07 billion,” in keeping with a press launch on the time.
Different cybersecurity corporations which have reduce their workforce this yr are Deep Intuition, Otorio, ActiveFence, SkyBox Safety, and Sophos.
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