Posted on August 03, 2022
Arete IR, a Florida-based cyber incident response firm that’s known for its handling of ransomware cases on behalf of clients, has confirmed it has laid off an unspecified number of employees, blaming “current economic conditions” for the action.
Earlier this week, the website Layoffs Tracker reported that the privately held Arete had laid off 90 people, or roughly 25 percent of its workforce, based on a memo the firm’s CEO reportedly sent to Arete employees.
In a statement to CRN, Arete IR confirmed payroll reductions but said it was “not publicly sharing specific numbers.”
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