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Technology companies have continued to lay off staff in 2024, despite improving fundamentals. Here's an updated timeline of notable layoffs, and reasons why Big Tech is in turmoil.

NCC Group, a UK cybersecurity firm with more than 14,000 customers, has confirmed it more staff are to lose their jobs, after it cut 125 roles in February.

Despite double-digit growth in its most recent fiscal quarter, security vendor Rapid7 will lay off about 18% of its workforce – about 470 employees, with significant cuts to sales and engineering – as well as permanently close some office locations and invest in managed service providers (MSPs).

Such flaws are not uncommon. Companies often detect and repair them before cyber criminals exploit them. But not this time. Soon after Progress made its…

Plush new offices at Chichester House for cyber-security company Rapid7 The company has 14 offices around the world. At present, it has around 250 staff in Belfast but wants to grow numbers to 400. It said that the timing for staff to start using their new offices will depend on government guidelines. The 150 new posts also include some internships, and the firm says it’s working with universities here to recruit the next generation of security analysts and automation experts. Economic development agency Invest NI offered Rapid7 £165,000 of support towards the creation of 30 of the new job...