HackerOne

Type
Internal restructuring
Country
World
Region
Location of affected unit(s)
Netherlands, United States, Canada, United Kingdom
Sector
Information / Computing
62 - Computer programming, consultancy and related activities
62.2 - Computer consultancy and computer facilities management activities
62.20 - Computer consultancy and computer facilities management activities
50 jobs
Number of planned job losses
Job loss
Announcement Date
1 August 2023
Employment effect (start)
1 August 2023
Foreseen end date

Description

HackerOne, a cybersecurity company from the United States specialised in bug bounty and penetration testing, has announced the dismissal of over 50 employees, about 12% of its global workforce.

Employees in the Netherlands, the US, Canada, and UK are affected by the internal restructuring programme. According to HackerOne, the company is suffering from the global effects of the economic slowdown like many tech companies. There is no indication available on how many employees precisely are affected in which countries. The redundant staff members are to receive severance packages.

Sources

Citation

Eurofound (2023), HackerOne, Internal restructuring in World, factsheet number 200380, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/200380.