CyberArk layoffs cost Palo Alto an estimated $60 million
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Palo Alto's annual report provides a detailed accounting of the workforce restructuring that affected hundreds of employees following the acquisition. The company has already recognized $49 million in severance charges and made $18 million in cash payments.
Directly affected
- No company is named in this report.
Indirectly affected
- No related companies are mapped for this report yet.
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Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
CyberArk layoffs cost Palo Alto an estimated $60 million www.calcalistech.com
Source: www.calcalistech.com
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12 out of 100
“CyberArk layoffs cost Palo Alto an estimated $60 million” scores 12 out of 100. The score uses 1 sources.