Tag: The Next Web

Sophos axes jobs

axeSophos is rumoured to be grinding the axe for another round of job cuts.

According to The Next Web around 150 people will be handed their pink slips as the company moves to restructure and focus on its highest growing and strategic business arms.

Although Sophos would not confirm the number, it hinted that the rumours were more than a whisper with a spokesman telling the Next Web that it was in discussion with those affected employees. It said some could also be given a lifeline and shifted into other roles.

“While it is difficult to make any reductions in our team, we are confident these actions will help to drive our long-term success, and allow us to drive greater value for our customers and partners,” Sophos said in an earlier statement.

It follows a similar round of job cuts in September last year, when 35 employees were expected to lose their jobs.

The axe grinding comes as Sophos announced job cuts earlier this year.