shutterstock_490960141-1

Industry News: ESG5

      Recession Hits Cybersecurity Companies Hard As Layoffs Mount

      Dec 9, 2022 10:24:37 AM

      2022-12-08

      CTech: The cybersecurity industry is not immune. This message has been internalized over the past week in the technology sector. It started with U.S. company CrowdStrike, which is considered one of the biggest players in the market. The company revealed good results in its financial reports for the third quarter, but the CEO admitted that customers are cutting expenses and postponing purchases.

      Read more...

      Topics:North America

      About Castle Hall Diligence

      Castle Hall helps investors build comprehensive due diligence programs across hedge fund, private equity and long only portfolios More →

      Subscribe to Cyber Updates