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SecureWorks said Monday it will let go of 15% of its workforce, the cybersecurity company\u2019s second round of layoffs this year.<\/p>\n
In a regulatory filing<\/a>, SecureWorks said that it would incur about $14.2 million in expenses due to the layoffs, mostly related to employee termination benefits and real-estate costs.<\/p>\n SecureWorks chief executive Wendy Thomas cited the need to \u201csimplify and scale our business and to deliver profitable growth\u201d in an all-hands company email to employees justifying the cuts.<\/p>\n The company announced an earlier 9% workforce reduction in February, as it aimed to prioritize its higher margin Tageis cloud security products. The company said in a filing<\/a> at the time it had 2,149 full-time employees globally.<\/p>\n That puts the number of affected employees at around 300 for this round of layoffs. SecureWorks said the departing employees\u2019 last day will be August 25.<\/p>\n SecureWorks is the latest company to announce layoffs this month alone. Cybersecurity giant Rapid7 said last week<\/a> that it would lay off more than 400 employees as losses mount, and U.K.-based NCC Group announced<\/a> it would make more layoffs just months after laying off 7% of its workforce.<\/p>\n<\/p><\/div>\n