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Dragos Lays Off 9% of Workers as OT Security Spending Slows
June 7, 2023, 10:21 p.m. |
BankInfoSecurity.com RSS Syndication www.bankinfosecurity.com
Dragos has axed 50 workers after longer sales cycles and smaller initial deployment sizes caused the industrial cybersecurity vendor to miss its first quarter revenue target. Dragos revealed plans to reduce its staff by 9% to ensure the company can stay independent through an IPO or Series E round.
cybersecurity cybersecurity vendor deployment dragos first quarter industrial industrial cybersecurity ot security plans revenue sales security security spending sees spending staff target vendor workers
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