SecurityIL

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.

Share:
People Affected

100

Percentage

10%

Announced Date

Nov 2, 2022

Company Information

Industry
Security
Country
IL
Region
Tel Aviv, Non-U.S.
Last Updated: Apr 18, 2026

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.

Report an Error

If you find incorrect information, please let us know so we can correct it.

support@layoffs.nl