Okta Carries Out Another Round of Layoffs, Axing 180 Workers
3rd Round of Layoffs in 3 Years Comes as Rival CyberArk Surpasses Okta's Valuation
Okta will execute its third round of layoffs in three years, cutting 180 employees to reallocate resources toward priorities to drive growth. The San Francisco-based identity security giant on Tuesday shared plans to reduce its staff by 3% in what has become somewhat of an annual tradition for Okta.
Okta will execute its third round of layoffs in three years, cutting 180 employees to reallocate resources toward priorities to drive growth. The San Francisco-based identity security giant on Tuesday shared plans to reduce its staff by 3% in what has become somewhat of an annual tradition for Okta.