Company behind Global IT breakdown last year to cut 5% posts, bet on AI for efficiency | Mint

Crowdstrike – the cyber security company that caused a global IT break last year – confirmed its plans to cut 5% of its workforce, partly due to its AI efficiency efforts. The company said it would dismiss about 500 employees as part of the recent global dismissal, but also said it plans to rent in the most important strategic areas against the fiscal year ending January 31, 2026. In a stock market in the US, Crowdstrike said: “We work in a market and technology bow, with AI reshaping every industry, accelerating threats and developing the needs of the necessary needs.” “Ai flat our rental curve and help us innovate faster from idea to product. It streamline the market, improves the outcomes of customers and drives efficiency across the front and back office. Ai is a power multiplier throughout the enterprise.” The company added. Crowdstrike spoke specifically about the discharge, saying that he intends to ‘develop its operations to deliver greater efficiency as the company continues to scale its business with focus and discipline to meet the $ 10 billion goal to the termination of Arr.’ “The plan is expected to lead to a reduction of roles representing about 500 positions, or 5% of the company’s global workforce. Crowdstrike expects to rent in the most important strategic areas during the financial year ending 31 January 2026.” It added. Crowdstrike said cutting the work could cost the company between $ 36 billion and $ 53 billion. It also announced an income of $ 1 billion in the fourth fiscal quarter of 2025, with a loss of $ 92 million. The company is best known for performing a faulty security update last year, causing more than 8.5 million Windows machines around the world to be able to display an error with a blue screen of death (BSOD). The faulty update caused flights to be based, broadcasts would fall, payment systems to struggle and even disrupt emergency call centers.