Lots of people being let go this morning (10/30) across the board. Major RIF. Assume since it’s prior to earnings that they won’t be good.
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Development head from aerohive joined Zscaler
I heard that it was 10% of the company laid-off
Is 5% worldwide or only in North America region?
5% was the layoff, around 150 people
I have a friend in sales, they said it was over 40 people from just sales, and there are rumor of other high level departures.
I have a Director-level friend who was let go. He said layoffs affected all departments in all regions. No one seems to know the total number affected.
No concrete numbers but suffice to say it’s dozens. Not hundreds, but it spans across the board. I’m aware of 2 dozen and it’s still going on.
Have they published the number of positions cut?
Any specific groups impacted more than others?