Following its $25 billion acquisition by Palo Alto Networks, CyberArk is undergoing a global restructuring that will result in approximately 500 layoffs, representing a significant portion of its nearly 4,000 employees. The cuts, which include about 100 positions in Israel, were announced just one day after the deal closed in February 2026. The layoffs, estimated at around 10% of CyberArk's Israeli workforce, are focused on streamlining overlapping roles in sales, operations, and administration, though research and development positions are being preserved. Affected employees, primarily from the cybersecurity industry, are being offered notice periods of three to 12 months along with severance packages as the combined company integrates its operations.
