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