Cybersecurity firm Deepwatch has laid off dozens of employees to accelerate its investment in artificial intelligence and automation. The company, which specialises in AI-powered threat detection, reportedly cut between 60 and 80 positions, representing nearly a third of its workforce.
Deepwatch's CEO stated that this move will allow the company to align its organisation and accelerate its investments in AI. The layoffs have reportedly impacted security analysts and operations staff. This decision aligns with a broader trend in the cybersecurity industry, where companies are restructuring to focus on AI-driven solutions.
Other cybersecurity firms, such as CrowdStrike, have also reduced their workforces despite strong financial performance, raising questions about job stability in the sector. Some experts suggest that companies may be prematurely cutting jobs without a clear understanding of how to effectively implement AI and integrate it into existing workflows.
