Malwarebytes Lays Off 100 Employees Ahead of Business Split

Cybersecurity giant Malwarebytes this week laid off 100 employees as it prepares for a major restructuring that will see the business split into two, TechCrunch reported. From the report: The layoffs come almost exactly a year after Malwarebytes eliminated 14% of its global workforce. A former employee who asked not to be named told TechCrunch that the layoffs come just weeks after the company's chief product officer, chief information officer, and chief technology officer were let go. An archived version of the Malwarebytes leadership page shows that these positions no longer exist at the company. Multiple posts on LinkedIn showed that a number of additional employees were laid off this week. One former Malwarebytes employee described the layoffs as "an unfortunate annual tradition."

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