About 500 roles cut, roughly 5% of global workforce
Source-backed update · Announced reduction · CrowdStrike
EventAnnounced May 6, 2025; disclosed in SEC filing May 7, 2025
ReportedMay 7, 2025
Added to WorkHushMay 7, 2025
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Sources
SEC Form 8-K · May 7, 2025Supports: CrowdStrike disclosed a plan to cut about 500 positions (5% of its global workforce), with estimated charges of $36 million to $53 million and completion expected by the end of fiscal Q2 2026.Open the sourceReuters (via Yahoo Finance) · May 7, 2025Supports: Reported the cut of about 500 jobs, noting the company had 10,118 full-time employees as of January 31, 2025.Open the sourceCybersecurity Dive · May 7, 2025Supports: Reported that CEO George Kurtz's memo cited AI-driven efficiency and the goal of $10 billion in annual recurring revenue as reasons for the plan.Open the source
Not in the sources
Neither the filing nor press reports name the teams or locations affected; the company said it would keep hiring in customer-facing and product engineering roles.
More job cuts in May 2025 ›