Cybersecurity company Expel laid off 60 employees, representing approximately 10% of its workforce, in June 2023. The decision was attributed to shifting market conditions, aligning with similar actions taken by other firms in the technology and security industry. Despite the layoffs, the company emphasized its continued growth and strong market position, assuring that service delivery capabilities remain unaffected. Departing employees in the U.S. were offered a minimum of two months of severance pay and extended healthcare benefits, with similar support provided internationally, alongside career transition assistance.
