Jamf Says Layoffs Will Impact 6 Percent Of Staff

The Apple device management and security vendor cited the company’s need for ‘profitable growth’ in disclosing the reductions.

Jamf disclosed that a round of layoffs will impact 6 percent of its employees as the company pursues “profitable growth.”

Jamf, a maker of device management and security tools for Apple devices, disclosed the cutbacks in a filing with the U.S. Securities and Exchange Commission Thursday.

[Related: Cybersecurity Layoffs In 2023: Companies That Cut Jobs In Q3]

The Minneapolis-based company did not specify the number of employees that are expected to be let go.

Jamf most recently reported its headcount as of the end of 2022, when the company employed 2,796.

If its staff size has remained similar, the 6-percent workforce reduction would affect roughly 170 Jamf employees. A Jamf spokesperson said that this figure is “approximately accurate” for the number of affected staff members.

In the SEC filing, Jamf said that the enactment of its “workforce reduction plan” is “intended to reduce operating costs, improve operating margins, and continue advancing the Company’s ongoing commitment to profitable growth.”

The company said it didn’t have any further comment when reached by CRN.

Jamf joins a lengthy list of tech vendors that have reduced staff over the past two years amid instability in the economic environment and other pressures. Recent announcements included Google’s disclosure that it will be cutting a “few hundred” employees in its advertising sales group and Veeam’s announcement on a round of layoffs affecting 300 employees in sales, marketing and administrative roles.