AM I NEXT? NO LOVE AT MALWAREBYTES (09/16/23)

SEPTEMBER 16, 2023 — 110 EMPLOYEES GONE

In a major restructuring that includes top-level management changes, the company is laying off 110 employees as it prepares to split into separate companies.

SEPTEMBER 2, 2022 — Original post…

Santa Clara, California-based Malwarebytes, an Internet security company that specializes in protecting home computers, smartphones, and companies from malware and other threats, has announced a change in direction to refocus on small and midsized companies.

The restructuring will impact approximately 14% of the company's headcount or 125 employees across all departments.

According to CEO Marcin Kleczynski, “Unlike most tech companies, we generate positive cash flow to grow our business. In recent months, we have increasingly refocused our business on SMB and midmarket customer segments in alignment with our mission to protect the underserved. We are shifting our go-to-market strategy to prioritize growing in these markets, including expanding our channel partnerships and accelerating our momentum with managed service providers. Unfortunately, this has meant revisiting our current enterprise sales function and recalibrating the sales organization. While difficult, these changes reflect a careful realignment of our business moving forward to meet the needs of our customers and will enable the organization’s long-term growth."

Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?