100? Hahahaha if only.
Hagerman has just said about 560 employees world wide - It's more like 16% of the workforce.
People in the USA and Philippines have already been let go with no warning, and the consultation period in Europe is in practice a cover for "so long guys". I've lost talented colleagues already with no notice. It's brutal.
The drivers are
- Covid has hit everyone of course, but small businesses disproportionately and this is part of the Sophos core market
- Thoma Bravo are shits demanding higher profit markets (personal opinion obviously) They bought Sophos at the height of the market before Covid struck the profit margin estimates for FY20-21
Yadda yadda EBITDA, yadda yadda debt-driven corporate purchase. Yadda yadda we'll miss you guys you'll be an asset to your new employees.
Disgruntled Sophos Employee in UK who wants to get out as soon as possible.