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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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I kind of wonder how a company with such an iron grip on SSO can’t manage to be profitable. That and I literally saw a job listing from Okta last weekend, so they’re probably just trying to replace their tenured high cost employees with cheaper workers.
It could also have been a ghost listing, but yeah, I’m baffled they aren’t profitable
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CEO shouldn’t have a job anymore. How is a company like this not profitable.
Oh thank god we just moved our auth to them. Such good news. Feck
It’s such a shitty MFA service. RIP to them getting pwned again.
It wasn’t my choice 🥲
What would you have recommended? We’re shopping solutions right now and looking at Auth0.com
I have no idea. For a business it kinda makes a bit of sense; as we don’t have to have a RODC exposed ; but for me Okta is a solution in search of a problem
Now, having years of work in it. Oh joy they’ve achieved bugger all.
Same!
Okta is a tech giant now?!
Pretty big in their space, not eure for how much longer though.
