American company lays off employees in bulk after throwing lavish party | Photo: TwitterAn American cyber security firm called Bishop Fox hosted a lavish party at an international conference and then days later, fired 13 per cent of its workforce. The announcement of layoffs comes days after the US-based cybersecurity company invited employees, industry colleagues and other attendees to the RSA cybersecurity conference for a lavish party where it served drinks branded with the 'Bishop Fox' logo. Attendees shared photos from the lavish party on social media in late April. Days later, the same people posted on social media again, this time to seek jobs. Read: ‘There will be other…’: Aswath Damodaran’s concerning forecast on US banking crisisAs per Tech Crunch reports, Bishop Fox refused to disclose the amount it spent on the RSA party.

Source: dna May 07, 2023 18:47 UTC