Israeli cybersecurity firm Skybox Security has ceased operations and laid off all 300 of its employees, including approximately 100 in Israel and 200 in the United States. The company, which was acquired by rival Tufin, officially shut down on February 24, 2025, leaving workers without their final paychecks. The closure, attributed to insolvency and mounting debts, marks a dramatic end for the company and serves as a cautionary tale within the competitive cybersecurity industry.
