Axonius

Axonius, a cybersecurity unicorn, has laid off 40 employees, representing about 4% of its workforce of approximately 800. This follows a previous round of 100 layoffs in November 2025. The cuts, announced in February 2026, primarily affected senior marketing and sales staff, with only seven roles impacted in Israel where the company's R&D is based. The layoffs and the simultaneous stepping down of co-founder and CEO Dean Sysman are part of the company's ongoing restructuring to improve efficiency. This move is seen as preparation for a potential IPO, for which its current revenue of around $200 million is reportedly below typical Wall Street thresholds, or a possible acquisition, with rumors of talks with companies like Cisco. The leadership change saw company president Joe Diamond appointed interim CEO.

Cybersecurity unicorn Axonius has laid off roughly 100 employees, representing more than 10% of its 900-person workforce, as part of a company-wide restructuring to tighten operations. The $2.6 billion company, which specializes in cyber asset management, informed staff of the cuts in early November 2025. This move follows a period of significant growth, including surpassing $100 million in annual recurring revenue and a major acquisition earlier in the year, as the firm adjusts its operational strategy in the competitive cybersecurity industry.