Cyber security firm SecureWorks to lay off 15% of its workforce

San Francisco: Cyber-security company SecureWorks has announced to lay off 15 per cent of its workforce, in its second round of job cuts this year.

In a regulatory filing with the US Securities and Exchange Commission (SEC), SecureWorks said that it would incur about $14.2 million in expenses due to the layoffs.

These expenses are anticipated to consist primarily of severance and other termination benefits, as well as real estate-related expenses.