Cybersecurity firm IronNet will lay off 17% of its staff, with 55 workers set to reenter the job market this week. The McLean, Virginia-based cybersecurity firm says the layoffs are part of a spate of reductions in force in the cybersecurity industry. Since going public, IronNet’s stock price has plummeted 81% and is trading at just $2.57 per share. It’s been little more than a year since IronNet agreed to go public at a $1.2 billion valuation by merging with a shell company.”]
Source: https://www.cuinfosecurity.com/ironnet-lays-off-17-staff-10-months-after-going-public-a-19461