Cybersecurity Shake-Up: Industry Hit with Surging Layoffs in Economic Downturn
Struggling to firewall their finances, over 110 cybersecurity firms have hit the ‘delete’ button on jobs in 2023. Despite soaring cyberthreats, the industry isn’t hacking it in the economy, with layoffs spreading faster than a malware outbreak. TechCrunch decrypts this digital downturn.
Hot Take:
2023: The Year Cybersecurity Got a Reality Check. It turns out that even those in the business of warding off digital doomsday scenarios aren't immune to the real-world cataclysm of economics. Layoffs are trending harder than TikTok dances in the cybersecurity sector, which is kind of like finding out your lifeguard is taking a break to deal with personal issues as you're flailing in the deep end.Already a member? Log in here