Okta, Inc., formerly known as Saasure Inc., is an identity and access management company that offers cloud software solutions to help companies manage and secure user authentication for applications. It also provides developers with tools to integrate identity controls into applications, devices, and web services. The company was founded in 2009 and is headquartered in California, USA.
According to recent reports, Okta has announced plans to lay off 400 employees, which amounts to 7% of the company’s workforce, in an effort to reduce costs and ensure long-term success and profitability. The report further mentions that affected workers in the USA will receive an email notice within 15 minutes of the initial statement release.
