Rapid7 cuts 12% of workforce as it invests more in AI tools; CEO says it is a ‘good company ready to be great’

Rapid7, a notable player in cybersecurity, has announced a workforce reduction of around twelve percent as part of its strategic shift towards an AI-first approach. This decision aligns with their goal to boost investment in AI-driven security solutions and refine their core platform. Additionally, the company is forming a new leadership team intended to spearhead this innovative AI initiative, ultimately striving for improved operational efficiency and enhanced customer service.