F5 Tower Exterior, Seattle, Washington
– F5

F5 plans to lay off more than 100 staff from its base in Washington state.

The company will eliminate 106 roles according to a Worker Adjustment and Retraining Notification (WARN) Notice filed this week. U.S. labor laws require employers with 100 employees to provide 60 days' notice before mass layoffs.

Around 1,400 of F5’s 6,500 employees are based in Washington state, with the firm boasting offices in Liberty Lake and Spokane. Staff in its Spokane office, along with its Seattle headquarters, are among those impacted.

Affected workers will be laid off on October 15, with a spokesperson for F5 telling CRN that the redundancies were part of wider changes to its product organization “to better align resources with important customer needs and our highest business priorities.”

“As part of these changes, selected roles were eliminated, while other employees were placed into new roles supporting strategic growth areas,” the spokesperson said.

F5’s layoffs come after the vendor posted third-quarter revenues of $780 million, a 12% growth year over year. Revenue from its systems offerings rose by 39% to $181 million, while software revenue of $208 million grew 16%.

F5 has been expanding its offerings of late amid a period of growth, efforts buoyed by customers leveraging the firm’s offerings for data center expansions and shifts to hybrid multicloud architectures

The vendor recently launched a series of post-quantum cryptography (PQC) readiness solutions, aimed at helping enterprises address future quantum-led cybersecurity risks.

It also teamed up with data center giant Equinix to offer its application delivery and security platform (ADSP) within the latter’s network edge and Equinix fabric.

In June, F5 acquired the San Francisco-based startup Fletch, adding its cybersecurity-focused agentic AI offerings to its Application Delivery and Security Platform (ADSP). No financial details of the acquisition were disclosed.