Bishop Fox Layoffs
May 2023
Bishop Fox announced a layoff affecting 50 employees (13% of its workforce) in May 2023. The company operates in the Security sector.
50
13%
May 2, 2023
About
Cybersecurity firm Bishop Fox laid off approximately 50 employees, representing 13% of its workforce, on May 2, 2023. The company, which had around 400 employees prior to the cuts, cited the global economic situation and a need to improve business efficiency as reasons for the restructuring. This move came just days after the company hosted a party at the RSA cybersecurity conference, an event that had been planned months in advance. CEO Vinnie Liu stated that while demand for their solutions remains solid, the company is responding to market uncertainty and investment trends. Bishop Fox operates in the cybersecurity industry and continues to plan for future industry events.
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