News Summary

Deepwatch, a cybersecurity firm specializing in AI-powered detection and response platforms, has laid off dozens of employees as part of a strategic shift to enhance its investments in AI and automation. The company’s CEO, John DiLullo, stated that this move aims to align the organization more closely with its AI development goals. The layoffs affected between 60 to 80 staff members out of a workforce of approximately 250. This decision comes amidst a broader trend of workforce reductions in the cybersecurity industry, with other companies like CrowdStrike and Sophos also announcing layoffs earlier this year.