techonology company behind global it outage last year to cut 5 jobs bets on ai for efficiency

Company Behind Global It Outage Last Year To Cut 5% Jobs, Bets On Ai For Efficiency

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Crowdstrike plans to cut 5% of its workforce, laying off around 500 employees, while hiring in strategic areas through January 2026. The company cites AI efficiency efforts and aims for $10 billion in annual recurring revenue despite past IT outages and a recent financial loss.