CrowdStrike announces 5% job cuts, says AI is ‘reshaping every industry’

CrowdStrike announces 5% job cuts, says AI is ‘reshaping every industry’

George Kurtz, co-founder and chief executive officer of Crowdstrike Inc., speaks during the Montgomery Summit in Santa Monica, California, U.S., on Wednesday, March 8, 2017.

Patrick T. Fallon | Bloomberg | Getty Images

Cybersecurity software maker CrowdStrike said Wednesday it plans to lay off 500 employees, representing about 5% of its workforce, a move CEO George Kurtz said reflects advances in artificial intelligence.

“AI has always been foundational to how we operate,” Kurtz wrote in a…

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