Security technology company Evolv Technology announced the layoff of 40 employees, about 14% of its global workforce, according to a Boston Business Journal report.
This follows the company’s decision last year to fire CEO Peter George and four other employees resigned following an internal investigation focused on financial practices, the report says. The company had almost 300 employees at the end of 2023.
https://www.securitysales.com/business/operations/evolv-lays-off-40-employees/