The Israeli cybersecurity firm Alarum Technologies is laying off about a third of its workforce, Calcalist reports. The move follows an FBI investigation that caused the company's stock to collapse and operations to be suspended.
Israeli cybersecurity firm Alarum Technologies is laying off approximately one-third of its workforce, the economic daily Calcalist reported Sunday evening. The layoffs come in the wake of an FBI investigation into the company, which was disclosed earlier this week. As The Zioneer reported on July 5, the probe caused Alarum's stock to plummet and its operations to be suspended. The full scope of the layoffs, including the exact number of employees affected, has not been disclosed. The company has not yet commented publicly on the report.
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