TechReuters2h ago
Flock plans to let go of ~270 employees, or 18% of its staff, at
Sources: Flock plans to let go of ~270 employees, or 18% of its staff, at the end of October; the layoffs come after a voluntary buyout program in September
TL;DRFlock Safety laying off 270 employees, 18% of workforce, following September buyouts.
Why it matters: Major security camera startup contracting signals cooling market demand and investor pressure in physical security tech.
Flock Safety plans to let go of about 18% of its employees, people with direct knowledge of the plans said on Thursday …
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