CyberProof, a cloud security solutions provider and subsidiary of India's UST, is laying off approximately 7.5% of its global workforce, affecting about 20 employees in Israel out of its local team of 85. The company employs 650 people worldwide. The layoffs, reported in July 2024, primarily impact cloud and IT infrastructure managers in Israel, with their roles being relocated to the company's offices in India as part of global cutbacks. Cyber experts at the company are not affected. The move reflects broader adjustments within the cybersecurity industry, where companies are restructuring to optimize operations and manage costs.
