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moves money Tech.eu October 01, 2026

Snyk laid off over 200 employees, revenues top $300M

Snyk laid off over 200 employees, revenues top $300M
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Snyk , the London and Tel Aviv-founded cybersecurity firm, laid off more than 200 employees earlier this year, more than double what was reported at the time, according to a new filing. New financial figures for the cybersecurity firm, which has raised more than $1bn from investors including Tiger Global, also show that Snyk revenues topped the $300m mark in 2025, helped by customer wins. Snyk, founded in 2015, has undertaken several rounds of job cuts in recent years.

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