Become a CRN member

More vendor staff face the axe as F5 chops headcount by 9 per cent

The cuts affect 623 employees, and come amid an economic environment that has "dramatically affected" customer spending patterns, F5 CEO François Locoh-Donou said in a message to staff

24 April 2023 • 1 min read

More vendor staff face the axe as F5 chops headcount by 9 per cent

F5 told employees it has cut nine per cent of its workforce, affecting 623 employees, according to a memo to staff. The Seattle-HQ company, which specialises in security for multi-cloud environm...

To continue reading this article...

Join CRN

Enjoy full access to channelweb.co.uk - the UK’s top news source for the IT channel
Gain the latest insights through market analysis and interviews with channel leaders
Stay on top of key trends with the Insider weekly newsletter curated by CRN’s editor
Be the first to hear about our industry leading events and awards programmes

Join now

Already a CRN member?

Marc Sumner: 'Vendor land isn't safe' as channel hiring rises again

What does HMRC's £150m investment in digital skills mean for the channel?

Vendor

SoftBank in advanced talks to buy British AI chip designer Graphcore: report

Once seen as a viable competitor to Nvidia, Graphcore’s business suffered in 2022 from deteriorating macroeconomic conditions that slowed down sales of systems outfitted with its IPUs, and now it’s reportedly in talks to sell itself to Japanese investment giant SoftBank.

09 May 2024 • 2 min read

Vendor

IBM confirms $6.4bn HashiCorp purchase by year's end

‘HashiCorp has a proven track record of enabling clients to manage the complexity of today’s infrastructure and application sprawl,’ says IBM CEO Arvind Krishna

25 April 2024 • 3 min read