Quicksort is an efficient sorting algorithm developed by Tony Hoare in 1959. It works by partitioning an array into two subarrays based on the value of a pivot element, and recursively sorting each subarray. There are different variants of quicksort, including multi-pivot quicksort which partitions into more than two subarrays, external quicksort which uses a buffer as the pivot, and combinations with radix sort. The choice of pivot and partitioning scheme, such as Lomuto or Hoare, can impact performance. Quicksort recursively calls itself on the partitioned subarrays until the entire array is sorted.