1Password

1Password conducted multiple rounds of layoffs in 2024-2025. Employees describe "mass layoffs over email" with affected workers "still in shock." Reviews cite "several rounds of layoffs, sudden changes to the organization, and a complete lack of transparency." In October 2025, CTO Pedro Canahuati and CRO Julian Teixeira both departed the company. Sales and revenue growth slowed dramatically, putting the company in "performance management mode."

Small layoffs in 2023 but avoided mass cuts. Brazilian neobank more conservative than US counterparts.

1Password employs a zero-knowledge security model with dual-key encryption: a master password combined with a 128-bit Secret Key created locally on the user's device. The company uses AES-GCM-256 encryption and states it "never receives copies of unencrypted Secure Data." 1Password maintains SOC 2 Type 2 certification, publishes results from independent security audits, and complies with GDPR. Telemetry is optional and the company states it does not sell user data.