Ezoic
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2
Layoff History
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affected
Ezoic representing approximately 28% of its workforce on 2023-07-17.
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affected
In December 2022, Ezoic, an advertising technology firm, was rocked by an internal fraud scheme when a sales employee, Tyler Mancuso, exploited the company's systems to reroute a $9 million payment from Google into his personal bank account. He attempted to use the stolen funds to purchase gold bars but was arrested by the FBI. The heist occurred during a period of ad market slump and widespread tech layoffs, leaving Ezoic with a significant financial shortfall at a critical time of year. While the article does not specify the total number of employees or the exact scale of the company, the incident highlights severe security vulnerabilities within the adtech industry, which handles billions in digital advertising dollars.