CrowdStrike announces 5% job cuts, says AI is ‘reshaping every industry’

By Jordan Novet

CrowdStrike, a leading cybersecurity firm, recently announced plans to lay off approximately 500 employees, representing about 5% of its global workforce. CEO George Kurtz attributed this decision to the company’s strategic shift towards leveraging artificial intelligence (AI) to enhance operational efficiency and accelerate innovation. Kurtz emphasized that AI is foundational to CrowdStrike’s operations, streamlining processes across various departments and enabling faster product development .

This move aligns with a broader trend in the tech industry, where companies are increasingly adopting AI to automate tasks and reduce costs. In the first few months of 2025 alone, over 52,000 tech jobs have been cut, with firms like Salesforce, Workday, and Shopify also implementing layoffs to focus on AI-driven strategies .csoonline.com

However, CrowdStrike’s reputation has faced challenges due to a significant incident in July 2024. A faulty update to its Falcon Sensor software led to a global IT outage, affecting approximately 8.5 million Microsoft Windows systems. This disruption impacted various sectors, including airlines, healthcare, and financial services . Delta Air Lines was notably affected, canceling over 7,000 flights and filing a lawsuit against CrowdStrike seeking $500 million in damages .lemonde.fr+5techcrunch.com+5marketwatch.com+5cybersecuritydive.com+2messageware.com+2reuters.com+2asisonline.org+7reuters.com+7en.wikipedia.org+7

In response to the incident, CrowdStrike has taken steps to improve its update processes, including implementing staggered rollouts and allowing customers to choose their update timing . Despite these efforts, the company continues to face scrutiny and legal challenges related to the outage.theguardian.com+1en.wikipedia.org+1reuters.com

Investors and clients are advised to monitor CrowdStrike’s ongoing legal proceedings and operational adjustments as the company navigates the aftermath of the 2024 outage and its strategic pivot towards AI-driven solutions.

CrowdStrike Faces Legal and Operational Challenges Amid AI Transition

theguardian.com

CrowdStrike apologizes for global IT outage in congressional testimony

Sep 24, 2024

CrowdStrike's stock posts worst day since 2022 as outage could be world's largest ever

Rooy Miehe | MspPortal Partners Inc. | Ceo/President

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Apple, Google and Facebook Among Services Exposed In Massive Leak of More Than 16 Billion Login Records

Apple, Google and Facebook Among Services Exposed In Massive Leak of More Than 16 Billion Login Records
June 19, 2025 1:57 PM 2 min read
Apple, Google and Facebook Among Services Exposed In Massive Leak of More Than 16 Billion Login Records

by Murtuza J Merchant Benzinga Staff Write

Has surfaced online, marking one of the most extensive exposures of personal data in history, according to cybersecurity researchers tracking infostealer activity.

Cybersecurity researchers have uncovered 30 massive data collections this year alone, each containing tens of millions to over 3.5 billion user credentials, Cybernews reported.

These previously unreported datasets were briefly accessible through misconfigured cloud storage or Elasticsearch instances, giving the researchers just enough time to detect them, though not enough to trace their origin.

The findings paint a troubling picture of how widespread and organized credential leaks have become, with login information originating from malware known as infostealers.

These malicious programs siphon usernames, passwords, and session data from infected machines, usually structured as a combination of a URL, username, and password.

The leaked credentials span a wide range of services from tech giants like Apple, Facebook, and Google, to platforms such as GitHub, Telegram, and various government portals.

Some datasets were explicitly labeled to suggest their source, such as “Telegram” or a reference to the Russian Federation.

Others bore generic names like “logins” or “credentials.”

Researchers say these leaks are not just a case of old data resurfacing.

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