McAfee layoffs planned for March 2021. Cybersecurity software company bets on cloud & XDR amid competition from CrowdStrike, SentinelOne & EDR providers.
McAfee layoffs. Slowing Sophos Growth. Competition from Cylance, Cybereason & Crowdstrike. Record venture capital funding. Is the cyberscurity software market saturated?
McAfee confirms an undisclosed number of layoffs. The staff cuts come amid a renewed channel commitment & intensifying cybersecurity product competition.