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Chronicles

The story behind the story

days · browse · Enter similar · o open

Boston-based cybersecurity company Rapid7 lays off 18% of its workforce, or around 470 people, and reports Q2 revenue rose 14% YoY to $190M and a $67M net loss

The Boston-based cybersecurity firm said the cuts will enable it to continue to grow while also freeing up cash

The Boston Globe Aaron Pressman

Discussion

  • @hrbrmstr@mastodon.social @hrbrmstr@mastodon.social on mastodon
    I won't comment directly on this move by my former employer b/c that alone should speak volumes.  —  I just hope some others who have been far less than kind to me since my departure realize what a dishonorable place it is they work for, now.  —  Sadly, I'm 100% sure they won't. …
  • @jfslowik @jfslowik on x
    Is there still a #BHUSA #BlackHat party from @rapid7 ? https://www.rapid7.com/...
  • @imposecost Andrew Thompson on x
    “You do not survive in security without being adaptable and innovative.” Layoffs hitting Rapid7; be on the look out to provide support and hire talent. https://www.rapid7.com/...
  • @malwarejake @malwarejake on x
    Announcing this before #BHUSA even starts is a bold move. But props for transparency @rapid7. Seriously, there aren't many out there who would do this now, rather than waiting. https://www.rapid7.com/...
  • @dakacki @dakacki on x
    Don't worry though. All laid off employees get put on the wait list for the giant Rapid7 Vegas party. So like, silver lining amirite? https://www.rapid7.com/...