SecurityIL

Identiq Layoffs

April 2024

Identiq announced a layoff affecting 20 employees (44% of its workforce) in April 2024. The company operates in the Security sector.

Share:
People Affected

20

Percentage

44%

Announced Date

Apr 1, 2024

Company Information

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

About

Israeli cybersecurity startup Identiq is laying off approximately 20 employees, representing almost half of its 45-person workforce, as part of a reorganization announced in early April 2024. The company, which developed an anonymous identity validation network, stated the cuts are necessary to focus on its leading product solutions and ensure long-term growth. Founded in 2018 and having raised a $47 million Series A round in 2021, Identiq will reduce staff in both Israel and the U.S., affecting full-time employees, interns, and freelancers.

Report an Error

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

support@layoffs.nl