Posted inCybersecurity News
CrowdStrike announces elimination of 500 jobs as it strategically shifts to AI.
CrowdStrike, a leading cybersecurity company, announced in May 2025 that it would cut about 500 jobs, or roughly 5% of its global workforce, as part of a strategic shift to realign its operations and invest more heavily in artificial intelligence (AI). This move comes despite the company reporting significant revenue growth—29% year-over-year, reaching nearly $4 billion for fiscal year 2025—and a strong position in its core market, though it did post a net loss after a previous year of profitability.