CrowdStrike, Responsible For Global IT Outage, To Cut Jobs In AI Efficiency Push

CrowdStrike, the cybersecurity firm that became a household name after causing a massive global IT outage last year, has announced it will cut 5% of its workforce in part due to 'AI efficiency.' From a report: In a note to staff earlier this week, released in stock market filings in the US, CrowdStrike's chief executive, George Kurtz, announced that 500 positions, or 5% of its workforce, would be cut globally, citing AI efficiencies created in the business.

'We're operating in a market and technology inflection point, with AI reshaping every industry, accelerating threats, and evolving customer needs,' he said. Kurtz said AI 'flattens our hiring curve, and helps us innovate from idea to product faster,' adding it 'drives efficiencies across both the front and back office. AI is a force multiplier throughout the business,' he said. Other reasons for the cuts included market demand for sustained growth and expanding the product offering.

Read more of this story at Slashdot.