Expel Lays Off 10% of Workers 8 Months After Hauling in $31M

60 Staffers Axed Months After Expel Slowed Hiring to Reduce Likelihood of Layoffs
Expel has axed 60 workers just eight months after hauling in $31 million to provide the managed detection and response vendor with a financial cushion. The company will reduce its 600-person staff by 10% - or 60 people - in response to "many shifts in the market," the co-founders wrote in a blog.

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