Checkmarx Layoffs
November 2022
Checkmarx announced a layoff affecting 100 employees (10% of its workforce) in November 2022. The company operates in the Security sector.
100
10%
Nov 2, 2022
About
Israeli cybersecurity unicorn Checkmarx laid off approximately 100 employees, representing 10% of its workforce, in November 2022. The company, which develops automated code scanning security technology and was valued at $1.15 billion, cited the need to adapt to challenging global market conditions affecting the high-tech industry. CEO Emmanuel Benzaquen stated the layoffs were a difficult but necessary step to reorganize the company's structure, refocus resources, and secure long-term growth and client success.
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