Layoff announcement

Rapid7 layoffs: About 12% of staff

Rapid7 disclosed a company-wide restructuring affecting about 12% of its workforce, aimed at simplifying operations and aligning investment with its core platform. The company expects $10 million to $11 million in costs, mainly for severance and related employee expenses, with most payments expected in the third and fourth quarters of 2026.

Reported cuts
About 12%
Announced
Country
Multiple
Location
Multiple countries; affected sites were not disclosed
Scope
Global
Industry
Cybersecurity Software

Original reporting

Form 8-K - 2026 Restructuring Plan

U.S. Securities and Exchange Commission Regulatory Filing

Read original reporting