CyberDefender Set For Huge Layoffs
MAY 23, 2012
Once high-flying security software firm CyberDefender , which filed for Chapter 11 bankruptcy in February, looks to be taking the axe to its employees, according to a regulatory filing by the firm. In a filing with the state, CyberDefender says it is laying off 307 employees on June 1st. CyberDefender provided Internet security software and remote technical services, and said in February that it had filed for Chapter 11 and would be sold to GR Match, LLC., one of its investors.