What major financial event impacted McAfee's fortunes?
The Great Depression
The 2008 Financial Crisis
The Dot Com Bust
The 2020 Pandemic Market Crash
Answer
The 2008 financial crisis impacted McAfee's fortunes because it caused a drop in demand for security software. McAfee's sales fell by 25% in 2009, and the company was forced to lay off 30% of its workforce. The crisis also led to a decline in the value of McAfee's stock, which lost over half of its value in 2008.
Cracking the Code: The Legendary Journey of John McAfee
More Questions
McAfee was involved in leadership positions in MGT Capital Investments, among others. True or False?
Which chat program did McAfee's company Tribal Voice create?
McAfee had interests in which of the following fields?
What software did John McAfee urge consumers to uninstall?
What organization authorized McAfee’s extradition to the U.S.?
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