Sophos Axes 300 Jobs Post-Secureworks Acquisition: A Comedy of Corporate Chaos
Sophos has completed its $859 million acquisition of Secureworks, only to lay off about six percent of its staff. Apparently, when it rains, it pours redundancies! With changes in the infosec landscape, Sophos is realigning its workforce, leaving some employees to wonder if they should have invested in umbrellas.
Hot Take:
Oh, Sophos, you sneaky devil! What better way to celebrate a nearly $860 million acquisition than by showing some of your workforce the exit door? It’s like buying a new house and immediately deciding to renovate by knocking down a few walls—preferably the ones with people in them. But hey, let’s give it to them—they’re just making room for the “exciting” changes in the infosec landscape. Because, you know, layoffs are the best way to boost morale and innovation, right?
Key Points:
- Sophos has laid off about 6% of its workforce post-Secureworks acquisition.
- The layoffs were partly due to redundant roles following the merger.
- Sophos is reacting to changes in the cyberattack landscape.
- Secureworks has a history of layoffs, especially post-COVID hiring sprees.
- Thoma Bravo, which owns Sophos, has a portfolio valued at $53 billion in infosec investments.