Crowdstrike says it will fire 500 workers

The giant cybersecurity Crowdstrike said on Wednesday that it would fire 5% of its worldwide workforce, which amounts to about 500 workers.

In 8-K submissionCrowdstrike said the cuts are part of a “strategic plan (” plan “) for the development of its operations to achieve more efficiency, as the company continues to scale its business with focus and discipline to achieve its target of $ 10 billion for termination (annual repetitions).”

The company also said it plans to “hire in key strategic areas during its fiscal year, ending January 31, 2026”.

“These changes position us to move faster, to work more efficiently, and to continue our cybersecurity guide,” said the company’s executive director George Kurtz in a letter to the employees, according to The Wall Street JournalS

Crowdstrike became the name of a household in 2016 when he investigated a hack of the democratic National Committee and attributed it to the Russian government. Last summer the company made titles for the wrong reasons – a defective update of its software affected 8.5 million Windows devices worldwidecaused massive interruption all over the worldForcing airports to close and interfere with airlines, banks, hotels and other types of business.