ForeScout

Forescout, an Israeli-founded cybersecurity company, is shutting down its Israel R&D center and laying off its remaining 40 employees in the country as of September 2023. This follows previous layoffs of 100 employees globally in October 2022 and another 100 in Israel in January 2023. The company, which employs over 1,000 people worldwide, has been undergoing restructuring since its $1.4 billion acquisition by private equity firm Advent International in 2020. The closure marks the end of its local operations, which expanded with the acquisition of Israeli startup CyberMDX in 2022.

Israeli-founded cybersecurity company Forescout Technologies laid off around 100 employees from its Israeli R&D center in January 2023, representing 60% of its local staff and about 10% of its total global workforce. This marked the company's second round of layoffs in four months, following a previous reduction of 100 employees, including 25 in Israel, in October 2022. Forescout, which provides cybersecurity automation and was acquired by private equity firm Advent International in 2020, is restructuring amid broader industry challenges.