At-Bay Layoffs
September 2023
At-Bay announced a layoff affecting 27 employees (9% of its workforce) in September 2023. The company operates in the Security sector.
27
9%
Sep 12, 2023
About
Cyber insurance unicorn At-Bay has laid off 27 employees, representing almost 10% of its total workforce of 305 people. The company, which achieved a $1.35 billion valuation in 2021, stated the layoffs in September 2023 were a structural adjustment to ensure long-term success, primarily affecting support roles like recruitment. At-Bay, operating in the insurtech and cybersecurity industry, combines insurance policies with active security services to reduce client risk. Despite the cuts, the company emphasized its financial strength and commitment to future growth.
Related Events
More Security Layoffs
Report an Error
If you find incorrect information, please let us know so we can correct it.
support@layoffs.nl