Ermetic Layoffs
January 2023
Ermetic announced a layoff affecting 30 employees (17% of its workforce) in January 2023. The company operates in the Security sector.
30
17%
Jan 23, 2023
About
Israeli cloud security startup Ermetic laid off 30 employees on January 23, 2023, representing 17% of its workforce. The cuts, part of a restructuring to focus on core technological development amid market challenges, affected marketing, sales, and HR departments, with no R&D staff impacted. A third of the laid-off employees were based in Israel. Ermetic, which had raised $100 million in total funding, operates in the cybersecurity industry, providing multi-cloud protection for enterprise customers.
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