Okta Begins Layoffs, To Fire 300 Employees Citing Overhiring and ‘Executional Challenges’

Software developing firm known for identity verification, Okta announced layoffs. The company announced that it is going to sack around 300 employees. The tech company said that it is going to layoff the employees to cut costs. Layoffs: From Google to Amazon and Meta, List of Leading Companies That Are Reducing Their Workforce.

Okta, a software maker known for identity verification, is cutting about 300 employees, the latest technology company to cut costs by shedding employees https://t.co/yjhcF3IjkB

— Bloomberg (@business) February 2, 2023

(The above story first appeared on LatestLY on Feb 02, 2023 08:57 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).