CrowdStrike says it will lay off 500 workers
1. CrowdStrike plans to lay off 5% of its workforce, about 500 employees. 2. The layoffs aim to enhance operational efficiency while pursuing $10 billion ARR. 3. The company intends to hire in key areas by fiscal year-end January 2026. 4. CEO emphasizes faster operations and continued leadership in cybersecurity. 5. CrowdStrike faced backlash last year due to a major software outage.