Rapid7, a cybersecurity company, is cutting about 12% of its workforce as it shifts towards an AI-first cybersecurity platform and increases investment in AI-powered security operations.
The workforce reduction was announced during the second quarter of 2026, with about 12% of employees informed that their positions would be affected. The company expects to incur restructuring charges of $10 million to $11 million, mainly related to severance and other employee costs.
