Quadream Layoffs
April 2023
Quadream announced a layoff affecting 0 employees (100% of its workforce) in April 2023. The company operates in the Security sector.
0
100%
Apr 16, 2023
About
Israeli offensive cyber company QuaDream is shutting down in April 2023, laying off its entire remaining workforce. The company, which developed spyware tools, had already dwindled to a skeleton crew, reportedly with only two employees left to maintain equipment. Its closure follows a damning report from Microsoft and Citizen Lab, which linked QuaDream's hacking tools to attacks on journalists and activists across at least ten countries. This research was described as the final blow for the company, which had been struggling for months. The board is now attempting to sell the firm's intellectual property.
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