#154 on the board

D

Okta

CompanyConcerning35/100medium confidence · 4 issues
2 opposed3 mixed

Receipts

5

Against

2

Identity and access management.

IndustryCybersecurityFounded2009Headcount6,000+okta.com

The receipts (5)

Mixed🌈DEIMar 2025

Dropped the phrase "diversity, equity and inclusion" from its annual report. The wording appears in the 10-K filed 2024-03-01 and is absent from the 10-K filed 2025-03-05.

SEC Filing✓ VerifiedShare ↗

Okta security breaches damaged morale. Layoffs followed. Identity company struggled with trust.

Company Website✓ VerifiedShare ↗
Opposed👷Worker TreatmentFeb 2024

Okta 12%+ total cuts. Security breaches damaged morale. Todd McKinnon restructuring.

Company Website✓ VerifiedShare ↗
Mixed🤖AI EthicsJan 2024

Okta AI identity. Adaptive MFA. Security AI applications.

Company Website✓ VerifiedShare ↗
Opposed📉LayoffsFeb 2023

Laid off 10% of workforce (550+) in 2023. Restaurant tech company blamed market conditions.

Company Website✓ VerifiedShare ↗