Cybersecurity company Rapid7 has announced significant staff reductions. The company is eliminating 12% of its workforce. These cuts follow the recent appointment of Wael Mohamed as CEO. Mohamed assumed leadership shortly after a settlement with activist investor Jana Partners. The article does not provide further details on the reasons for the layoffs.
Boston, Massachusetts
https://www.bizjournals.com/boston/news/2026/08/10/rapid7-layoffs-new-ceo.html