Red Hat Layoff 2025. Red hat layoffs, ibm partnership and open source strategy, ai training, red hat summit, and open cloud technologies are discussed by ceo matt hicks. Red hat, the software company in raleigh, has informed employees it will lay off close to 4% of its global workforce, making it the latest major tech firm to reduce its headcount.

Red hat layoffs to affect over 700 employees at the open source software ibm company, says ceo matt hicks, as tech layoffs in 2023 continue. “from what we were told this morning, this is a purely red hat decision not influenced by ibm, primarily intended to reduce our spending and save cash in light of the increased cost of money caused by rising interest.