Source of this article and featured image is TechCrunch. Description and key fact are generated by Codevision AI system.
A cybersecurity company named Deepwatch has recently laid off several employees, citing the need to focus on AI development. The CEO of the company mentioned that the decision was made to align the organization with the goal of accelerating investments in AI and automation. According to a current employee, the number of affected workers is between 60 and 80, out of a total workforce of around 250. A LinkedIn post from a laid-off employee also reported the same number of affected people. This article is worth reading because it highlights the impact of AI investment on the cybersecurity industry, and it provides insights into the challenges companies face when shifting their focus toward emerging technologies.
Key facts
- Deepwatch, a cybersecurity company, laid off dozens of employees to focus on AI development.
- The CEO stated that the decision was made to align the organization with AI and automation investments.
- A current employee mentioned that between 60 and 80 workers were affected, out of a total of around 250.
- A LinkedIn post from a laid-off employee also reported that 80 people were impacted.
- Deepwatch is not the only cybersecurity firm that has cut its workforce this year, with others like CrowdStrike and Sophos also experiencing layoffs.
