Yahoo cybersecurity team sees layoffs, outsourcing of ‘red team,’ under new CTO

Date:

Share post:


Yahoo laid off around 25% of its cybersecurity team — known as The Paranoids — over the last year, TechCrunch has learned.

Overall, the company has laid off or lost through attrition 40 to 50 people from a total of 200 employees in the cybersecurity team since the start of 2024, according to multiple current and former Yahoo employees who spoke to TechCrunch on condition of anonymity. (Yahoo is TechCrunch’s parent company.)

The Paranoids are not the only team affected by the layoffs. Valeri Liborski, who was appointed Yahoo’s chief technology officer in September, sent an email this week to employees announcing changes across the broader technology unit, including enterprise productivity and core services. The email to staff, which was obtained by TechCrunch, said: “This was a very difficult decision and one I have not taken lightly.”

The Paranoids’ so-called red team, or offensive security team — which conducts cyberattack simulations to identify weaknesses in the company’s network before external hackers can — was eliminated entirely this week, and there have been at least three rounds of layoffs impacting the cybersecurity team this year, according to the sources. 

Yahoo confirmed the layoffs, including the elimination of its red team, when reached by TechCrunch on Thursday.

“Yahoo’s security program has matured significantly over the past seven years and is widely recognized as a world-class, industry-leading operation. As part of this evolution, we’ve made strategic adjustments, including transitioning offensive security operations to an outsourced model,” said Yahoo spokesperson Brenden Lee. “This change reflects the sophistication of our program and enables us to concentrate resources on critical security priorities, maintaining the highest standards of protection for our users and platforms.” 

The company as a whole laid off more than 1,600 employees — around 20% of its total workforce — last year, as Axios reported at the time. Yahoo chief executive Jim Lanzone told Axios that the layoffs would be “tremendously beneficial for the profitability of Yahoo overall,” and that the company will “go on offense” and invest in other parts of its business. 



Source link

Lisa Holden
Lisa Holden
Lisa Holden is a news writer for LinkDaddy News. She writes health, sport, tech, and more. Some of her favorite topics include the latest trends in fitness and wellness, the best ways to use technology to improve your life, and the latest developments in medical research.

Recent posts

Related articles

Google Whisk, an image remixing tool, is now available in 100+ countries

Google keeps releasing experimental products built with its AI models to give users a taste of its...

Tabby doubles valuation to $3.3B in $160M funding as it looks beyond BNPL and plans IPO

Consumer demand for credit options varies across regions, and for fintechs, understanding these differences is key to...

Shopify took down Kanye’s swastika T-shirt shop, but another antisemitic storefront still operates

Shopify took down Kanye West’s online store after the musician sold T-shirts with the swastika symbol. West, who...

Federal workers sue Elon Musk and DOGE to cut off data access

More than 100 current and former federal workers have sued Elon Musk and the Department of Government...

Founders Fund is about to close another $3B fund

Founders Fund is on track to conclude fundraising of its third growth fund at the end of...

Apple Maps plans to show ‘Gulf of America,’ following Google

Apple Maps will soon rename the Gulf of Mexico to the Gulf of America, following similar changes...

ChatGPT may not be as power-hungry as once assumed

ChatGPT, OpenAI’s chatbot platform, may not be as power-hungry as once assumed. But its appetite largely depends...

Amazon tests sending customers directly to brands’ websites when it doesn’t stock their products

Remember that Christmas movie “Miracle on 34th Street,” where Macy’s in-store Santa, Kris Kringle, sends a frazzled...