{"id":54829,"date":"2025-05-11T07:38:21","date_gmt":"2025-05-11T07:38:21","guid":{"rendered":"https:\/\/www.africa-press.net\/mauritius\/all-news\/us-based-cybersecurity-firm-crowdstrike-to-eliminate-5-of-workforce"},"modified":"2025-05-11T09:17:19","modified_gmt":"2025-05-11T09:17:19","slug":"us-based-cybersecurity-firm-crowdstrike-to-eliminate-5-of-workforce","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mauritius\/all-news\/us-based-cybersecurity-firm-crowdstrike-to-eliminate-5-of-workforce","title":{"rendered":"US-based cybersecurity firm CrowdStrike to eliminate 5% of workforce"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Mauritius. <\/strong><\/span>US-based cybersecurity company CrowdStrike announced plans to eliminate 500 positions, equivalent to about 5% of its global workforce, the company said in a securities filing.<\/p>\n<p>CrowdStrike said Tuesday that the layoffs were part of \u201ca strategic plan (the \u2018Plan\u2019) to evolve its operations to yield greater efficiencies as the company continues to scale its business with focus and discipline to meet its goal of $10 billion in ending Annual Recurring Revenue.\u201d<\/p>\n<p>CrowdStrike said it expects to continue to hire in key strategic areas throughout the fiscal year that ends Jan. 31, 2026.<\/p>\n<p>It estimates it will incur charges related to the plan between $36 million and $53 million, of which about $7 million is anticipated to be recognized in the first quarter of fiscal 2026 and the majority of the remaining amount incurred in the second quarter.<\/p>\n<p>&#8220;These charges primarily consist of approximately $19 million to $26 million of future cash expenditures related to severance payments, employee benefits, and related costs; and approximately $10 million to $20 million in non-cash charges for stock-based compensation. The Company intends to exclude the charges associated with the Plan from its non-GAAP (Generally Accepted Accounting Principles) financial measures,&#8221; it added.<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">Mauritius<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Mauritius. US-based cybersecurity company CrowdStrike announced plans to eliminate 500 positions, equivalent to about 5% of its global workforce, the company said in a securities filing. CrowdStrike said Tuesday that the layoffs were part of \u201ca strategic plan (the \u2018Plan\u2019) to evolve its operations to yield greater efficiencies as the company continues to [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":54828,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,9],"tags":[3692,3712,2712,241,2061],"class_list":{"0":"post-54829","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","6":"hentry","7":"category-all-news","8":"category-miscellaneous","10":"tag-cyber-security","11":"tag-lay-off","12":"tag-mauritius","13":"tag-usa"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>US-based cybersecurity firm CrowdStrike to eliminate 5% of workforce - Mauritius<\/title>\n<meta name=\"description\" content=\"US-based cybersecurity company CrowdStrike announced plans to eliminate 500 positions, equivalent to about 5% of its glo ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mauritius\/all-news\/us-based-cybersecurity-firm-crowdstrike-to-eliminate-5-of-workforce\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"US-based cybersecurity firm CrowdStrike to eliminate 5% of workforce\" \/>\n<meta property=\"og:description\" content=\"US-based cybersecurity company CrowdStrike announced plans to eliminate 500 positions, equivalent to about 5% of its glo ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mauritius\/all-news\/us-based-cybersecurity-firm-crowdstrike-to-eliminate-5-of-workforce\" \/>\n<meta property=\"og:site_name\" content=\"Mauritius\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-11T07:38:21+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-05-11T09:17:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mauritius\/sites\/61\/2025\/05\/sm_1746935512.05236.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"864\" \/>\n\t<meta property=\"og:image:height\" content=\"486\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/us-based-cybersecurity-firm-crowdstrike-to-eliminate-5-of-workforce#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/us-based-cybersecurity-firm-crowdstrike-to-eliminate-5-of-workforce\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"US-based cybersecurity firm CrowdStrike to eliminate 5% of workforce\",\"datePublished\":\"2025-05-11T07:38:21+00:00\",\"dateModified\":\"2025-05-11T09:17:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/us-based-cybersecurity-firm-crowdstrike-to-eliminate-5-of-workforce\"},\"wordCount\":203,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/us-based-cybersecurity-firm-crowdstrike-to-eliminate-5-of-workforce#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mauritius\/sites\/61\/2025\/05\/sm_1746935512.05236.jpg\",\"keywords\":[\"CrowdStrike\",\"cyber security\",\"lay off\",\"Mauritius\",\"USA\"],\"articleSection\":[\"all news\",\"miscellaneous\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mauritius\/all-news\/us-based-cybersecurity-firm-crowdstrike-to-eliminate-5-of-workforce#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/us-based-cybersecurity-firm-crowdstrike-to-eliminate-5-of-workforce\",\"url\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/us-based-cybersecurity-firm-crowdstrike-to-eliminate-5-of-workforce\",\"name\":\"US-based cybersecurity firm CrowdStrike to eliminate 5% of workforce - 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