appears to be a wave of tech layoffs Soon more US not going to end Cyber security company Bishop Fox The latest entrant in the list is. The US-based company laid off 13% of its workforce, affecting around 50 employees.
The company announced a 13% reduction in its workforce after hosting a party in RSA Cyber Security Conference. Affected employees also took to social media to talk about the company’s sudden decision to lay off employees. Employees said the company’s decision to lay off employees was unexpected, especially given a recent incident where Bishop Fox provided branded beverages to employees, colleagues in the industry and attendees of a conference.
Bishop Fox spokesman Kevin Kosh told TechCrunch in an email that the company had an event space at RSA “reserved several months in advance and reserved primarily for the purposes of the day-long livestream (which we used for Defcon). A platform to engage and share knowledge with the larger community. Reception followed by participants, team, industry friends and RSA attendees.
what the company said
The company also told TechCrunch that it took the decision to lay off employees due to the current global economic situation. “We proactively made these changes in response to global economic conditions and identified opportunities to make our business more efficient. While demand for our solutions remains solid and our business is stable, we cannot ignore the uncertainty of the market and investment trends in this very different global economy,” Vinny Liu, CEO of Bishop Fox, said in a statement sent to TechCrunch. Said.
The company announced a 13% reduction in its workforce after hosting a party in RSA Cyber Security Conference. Affected employees also took to social media to talk about the company’s sudden decision to lay off employees. Employees said the company’s decision to lay off employees was unexpected, especially given a recent incident where Bishop Fox provided branded beverages to employees, colleagues in the industry and attendees of a conference.
Bishop Fox spokesman Kevin Kosh told TechCrunch in an email that the company had an event space at RSA “reserved several months in advance and reserved primarily for the purposes of the day-long livestream (which we used for Defcon). A platform to engage and share knowledge with the larger community. Reception followed by participants, team, industry friends and RSA attendees.
what the company said
The company also told TechCrunch that it took the decision to lay off employees due to the current global economic situation. “We proactively made these changes in response to global economic conditions and identified opportunities to make our business more efficient. While demand for our solutions remains solid and our business is stable, we cannot ignore the uncertainty of the market and investment trends in this very different global economy,” Vinny Liu, CEO of Bishop Fox, said in a statement sent to TechCrunch. Said.