🔸 Yahoo cybersecurity team sees layoffs, outsourcing of ‘red team,’ under new CTO Yahoo has laid off approximately 25% of its cybersecurity team, known as The Paranoids, losing around 40 to 50 employees from a total of 200 since the beginning of 2024. This reduction includes the complete elimination of the red team, which conducted cyberattack simulations to identify vulnerabilities. The layoffs are part of broader changes across Yahoo’s technology unit, as announced by CTO Valeri Liborski in a recent email to staff. Yahoo confirmed the layoffs, stating that they are transitioning offensive security operations to an outsourced model to enhance their security program. Last year, Yahoo laid off over 1,600 employees, about 20% of its total workforce, with CEO Jim Lanzone indicating that these layoffs would improve the company's profitability and allow for investment in other areas. 💬 Source 📌 Powered by V3V Ventures