Cybersecurity firm Proofpoint is laying off 280 employees, representing about 6% of its global workforce of 4,500. The cuts, announced in late January 2024, include approximately 20 positions at its Israeli office, which employs around 300 people. The company, acquired by private equity firm Thoma Bravo in 2021, stated the layoffs are part of a strategic restructuring to align investments with priorities, streamline management, and leverage a global talent pool for long-term success. This move follows a series of acquisitions by Proofpoint in Israel, including Illusive in 2022.
