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Slight Snyk Layoffs Reinforce Trend: Lacking IPO Options, Cybersecurity Startups Cut Jobs

Slight Snyk Layoffs Reinforce Trend: Lacking IPO Options, Cybersecurity Startups Cut Jobs

Read the original article at https://www.msspalert.com/cybersecurity-news/slight-snyk-layoffs-reinforce-trend-lacking-ipo-options-cybersecurity-startups-cut-jobs/

Snyk layoffs impact small portion of cybersecurity company staff. Lacking near-term IPO option, multiple cybersecurity startups reduce their cash burn rates.

The post Slight Snyk Layoffs Reinforce Trend: Lacking IPO Options, Cybersecurity Startups Cut Jobs appeared first on MSSP Alert.

Read the original article at https://www.msspalert.com/cybersecurity-news/slight-snyk-layoffs-reinforce-trend-lacking-ipo-options-cybersecurity-startups-cut-jobs/