The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Netherlands, United States, Canada, United Kingdom
Sector
Information / Communication Computer Programming, Consultancy And Related Activities Computer Programming, Consultancy And Related Activities 62.02 - Computer Consultancy Activities
50 jobs Number of planned job losses
Announcement Date
1 August 2023
Employment effect (start)
1 August 2023
Foreseen end date
Description
HackerOne, a cybersecurity company from the United States specialised in bug bounty and penetration testing, has announced the dismissal of over 50 employees, about 12% of its global workforce.
Employees in the Netherlands, the US, Canada, and UK are affected by the internal restructuring programme. According to HackerOne, the company is suffering from the global effects of the economic slowdown like many tech companies. There is no indication available on how many employees precisely are affected in which countries. The redundant staff members are to receive severance packages.
Eurofound (2023), HackerOne, Internal restructuring in World, factsheet number 200380, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/200380.
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