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First Republic Bank reports deposit outflow during bank crisis, plans restructuring and layoffs. Bank's focus on uninsured deposits became a liability. Profit and revenue decline reported in Q1 results.
Application security and delivery vendor F5 will shrink its workforce by 9% due to customers delaying purchasing decisions amid macroeconomic uncertainty. The
Snyk has executed its third round of layoffs since June 2022, axing 128 workers amid projections of challenging market conditions persisting into early 2024. The
This affected workers from its gaming divisions, including Prime Gaming, Game Growth, and Amazon Game Studios in San Diego.
For the first time in its 11-year history, endpoint security vendor Cybereason will have a new leader. Upon receiving a $100 million cash infusion from SoftBank,