2026-08-10 22:01 utc · ts2.tech

Rapid7 cuts 12% of staff, stock soars on improved efficiency outlook

The cybersecurity firm shed workers and beat revenue targets by a hair, then raised its operating income forecast 14%. Wall Street loved the math. The restructuring costs $10-11 million, which is roughly what you save when Detection and Response no longer includes detecting whether your coworkers still have badges.

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