SpringRole blog

SpringRole · August 5, 2026

What happened

In a recent announcement that has sent ripples through the tech community, Acronis, a global leader in cyber protection, confirmed a layoff affecting 35 employees in its Singapore office. This move, happening in late September 2023, has raised eyebrows not just for the number affected, but also for the context surrounding the decision. The specific roles and departments impacted have not been disclosed, adding an air of uncertainty for those in the field.

Why it matters for you

For employees affected by this layoff, the immediate concern is the search for new employment opportunities. Acronis has cultivated a reputation as a significant player in the tech industry, specializing in backup, disaster recovery, and secure file sharing, which means those laid off may carry valuable experience and skills. Networking and leveraging connections can be crucial. Former employees can benefit from reaching out through platforms like LinkedIn, tapping into their existing networks, or even reconnecting with recruiters who specialize in tech.

For recruiters and hiring managers, this moment presents a unique opportunity. The exit of 35 professionals from Acronis means there’s a pool of individuals who bring with them best practices and a culture of innovation specific to a robust cybersecurity environment. Understanding the specific skills these professionals possess can guide you in aligning your hiring needs with this available talent.

Company background

Founded in 2003, Acronis is well-known for its comprehensive approach to data protection. With its headquarters in Singapore, it has grown into a competitive entity in the tech landscape, boasting a presence in over 150 countries. Backed by significant funding, including a reported $250 million round led by CVC Capital Partners in early 2022, Acronis is positioned strongly within its sector. Despite this, the tech landscape's shifting dynamics may be leading to restructuring others have experienced recently.

The company’s suite of products continues to be innovative, but 2023 has brought challenges that necessitate agile responses, reflected in its recent workforce adjustments. This cut comes shortly after the company launched new features aimed at enhancing user experience, indicative of a push towards maintaining relevance in a fast-evolving market.

Industry context

The broader technology industry in Singapore is experiencing turbulence, with several companies announcing layoffs amid market corrections and rising economic pressures. The aftermath of the pandemic continues to instill caution in venture capital, leading to reduced funds flowing into tech startups and established firms alike, compelling companies to reassess their operational costs.

As businesses brace for what many are calling a 'reset,' with AI integration and cybersecurity compliance being hotter than ever, companies are recalibrating their workforce. This trend of layoffs is also mirrored in competitors, raising questions about long-term strategies in the tech sector. The current economic environment suggests that job seekers may have to adapt quickly to a changing workforce landscape.

Looking forward

The tough news for Acronis employees is a stark reminder of the volatility in the tech industry. Candidates from Acronis must hone their skills, keep their networks activated, and consider upskilling to remain competitive. For employers, capitalizing on the expertise of these laid-off professionals could fill critical gaps in emerging projects. Understanding the value of the talent coming from Acronis can create beneficial partnerships in the hiring landscape as the industry continues to evolve.