Amid takeover rumors, Rapid7 set to lay off about 470 employees
The Boston-based cybersecurity firm said the cuts will enable it to continue to grow while also freeing up cash.
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The Boston-based cybersecurity firm said the cuts will enable it to continue to grow while also freeing up cash.
San Francisco, Aug 9 (IANS) Cybersecurity company Rapid7 is laying off around 470 employees, or 18 per cent of its workforce.
Rapid7, which has been at the center of takeover reports in the past months, announced an 18% reduction in its global workforce. More than three dozen cybersecurity firms have implemented layoffs in
Cybersecurity company Rapid7 is laying off around 470 employees, or 18 per cent of its workforce.In a filing with the US Securities and Exchange Commission (SEC), Rapid7 said it was laying off employees as part of a restructuring plan."The ...
Rapid7 will lay off close to 1 in 5 of its employees in cuts that amount to the second-largest round of layoffs of any pure-play cybersecurity company since worries