Cybersecurity company SentinelOne is preparing to lay off hundreds of employees as it navigates rising competitive pressure and shifting profitability expectations, according to a report by Calcalist.
The Wall Street-listed firm, valued at roughly $6 billion and employing around 3,000 people globally, is expected to cut approximately 10% of its workforce—about 300 roles—when it reports its upcoming financial results. The move comes as the company faces intensifying competition in the endpoint security market from larger rivals and continues to adjust its cost structure despite steady revenue growth.
SentinelOne has recently crossed the $1 billion annual revenue milestone, but profitability has shown signs of strain, contributing to broader restructuring efforts. The company has also undergone leadership changes in key executive roles over the past year, alongside strategic acquisitions aimed at strengthening its AI-driven security offerings.
The layoffs are expected to be announced alongside its earnings release, marking another example of continued workforce reductions across the global tech and cybersecurity sectors as companies recalibrate for efficiency and AI-driven transformation.
