Cybersecurity firm Deepwatch lays off dozens, citing move to ‘accelerate’ AI investment

Deepwatch, a cybersecurity firm, recently announced layoffs affecting dozens of employees, a decision aimed at reallocating resources to enhance investments in AI and automation. The CEO emphasized that this strategic shift is essential for the company's growth and adaptation in a rapidly evolving tech landscape. This trend reflects a broader movement within the technology sector, where companies are increasingly prioritizing AI capabilities to remain competitive. As firms navigate economic challenges, such decisions underscore the importance of innovation and efficiency, positioning AI as a critical focus for future development.