SentinelOne stock drops 12% as cyber firm trims headcount to boost AI investments
Israel
SentinelOne shares sank 12% as the cybersecurity company laid off 8% of its full-time workforce to focus on artificial intelligence and data investments. "This is not a reactive measure, it is a deliberate evolution to reduce complexity, raise the performance bar, and build a leaner, more agile SentinelOne," CEO Tomer Weingarten told analysts on the earnings call Thursday. Over the last few months, he said SentinelOne has restructured its teams and already seen "meaningful productivity" gains
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