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Riskified Cuts Staff Amid Ongoing Struggles, but Lisbon Tech Hub Remains Key for Growth

Purportedly, Riskified, a extortion avoidance company once esteemed at $3.3 billion, is laying off handfuls of workers because it proceeds to confront challenges. In spite of these workforce diminishments, the company's Lisbon Tech Center remains a key vital development center, signaling its progressing commitment to growing operations in Portugal.

The company, which specializes in AI-driven extortion location for e-commerce, has been exploring a troublesome showcase environment, driving to cost-cutting measures. In any case, the maintenance of its Lisbon center highlights Portugal's developing significance within the worldwide fintech and cybersecurity scene.