SentinelOne cuts 8% of staff to focus on AI

Cybersecurity firm SentinelOne reported Q1 earnings for fiscal 2027 and announced an 8% workforce cut, affecting about 230 employees, some based in Israel. The stock fell after hours to $14.85.

CEO Tomer Weingarten said the layoffs aim to boost efficiency and shift focus to higher-margin AI businesses. The restructuring will cost around $25 million, half of which is severance.

Revenue rose 21% year-over-year to $277 million, but the company posted an operating loss of $79 million and a net loss of $76 million. Its main product, Singularity Platform, uses AI for threat detection and response.