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    Innovation Village | Technology, Product Reviews, Business
    You are at:Home»Business»Trend Micro lays off 2% of its global workforce
    Trend Micro

    Trend Micro lays off 2% of its global workforce

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    By Tapiwa Matthew Mutisi on January 12, 2024 Business, Career, Cybersecurity, Human Resources, Jobs, News, Technology

    Japanese cybersecurity firm, Trend Micro, has announced that it’s laying off 2% of its global workforce as part of its business transformation strategy.

    The company, which had a workforce of 7,582 employees as of June 2023, aims to align this decision with a focus on expanding their customer base through their platform.

    Vodacom Business Partners With Trend Micro to Elevate Cybersecurity Offering

    A spokesperson said in a statement;

    Trend Micro informed 2% of its worldwide team that their roles were eliminated. This decision is in alignment with Trend Micro’s business transformation and focus on customer expansion through our platform.

    This announcement came after the company responded to an analyst’s question in November about its declining workforce, stating that there were no active plans to increase headcount.

    With a challenging economy, Trend Micro joins other tech companies such as Unity Software and Xerox that have announced job cuts recently. Unity Software, which provides tools for video game developers, reported a 25% workforce cut, thereby affecting about 1,800 employees.

    Xerox, on the other hand, announced plans to eliminate approximately 15% of its total workforce, roughly equating to 3,075 employees.

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    Business Business Transformation CYbersecurity employees Human Resources Jobs Technology Trend Micro Workforce
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    Tapiwa Matthew Mutisi
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    Tapiwa Matthew Mutisi has been covering blockchain technology, intelligent technologies, cryptocurrency, cybersecurity, telecommunications technology, sustainability, autonomous vehicles, and other topics for Innovation Village since 2017. In the years since, he has published over 4,000 articles — a mix of breaking news, reviews, helpful how-tos, industry analysis, and more. | Open DM on Twitter @TapiwaMutisi

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