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Unprofitable SF tech giant Okta lays off 400 workers, dozens in California (www.sfgate.com)

submitted 9 months ago by L4s@lemmy.world to c/technology@lemmy.world

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Unprofitable SF tech giant Okta lays off 400 workers, dozens in California::Okta, the San Francisco-based maker of identity and access tech, is laying off 400 workers, including 83 in California. CEO Todd McKinnon announced the news.

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[–] svnssh@lemmy.world 48 points 9 months ago

CEO shouldn’t have a job anymore. How is a company like this not profitable.