U.S. entry and identification administration large Okta laid off 180 staff on Tuesday, the corporate confirmed to TechCrunch – simply over one 12 months after it let go of 400 employees.
The corporate additionally performed one other workforce discount in February of 2023 that affected 300 staff.
Whereas Okta didn’t share what number of staff it has after its newest spherical of layoffs, doing the maths, it had round 5300 staff this time in 2024.
In December, the corporate reported fiscal third-quarter revenue of $665 million, up 14% from the prior 12 months third quarter.