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This photograph shows screens displaying the logo of “CrowdStrike” cybersecurity technology company in Paris on July 19, 2024, amid massive global IT outage. (Photo by Stefano RELLANDINI / AFP)

CrowdStrike cuts 5% of workforce after revenue jumped 29% last year

CEO George Kurtz said the decision to cut about 500 jobs was driven by internal efficiency gains from AI and multibillion-dollar opportunities in new market segments.
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