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F5 Lays Off 623 Staffers as Customers Postpone New Purchases
April 20, 2023, 11:16 p.m. |
DataBreachToday.co.uk RSS Syndication www.databreachtoday.co.uk
Application security and delivery vendor F5 will shrink its workforce by 9% due to customers delaying purchasing decisions amid macroeconomic uncertainty. The Seattle-based firm will lay off 623 of its 7,100 employees as part of a cost-cutting effort that includes reducing F5's facilities footprint.
application application security cost customers delivery employees seattle security security vendor uncertainty vendor workforce
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