Perimeter 81 Layoffs
December 2022
Perimeter 81 announced a layoff affecting 20 employees (8% of its workforce) in December 2022. The company operates in the Security sector.
20
8%
Dec 6, 2022
About
Israeli cybersecurity unicorn Perimeter 81 laid off 20 employees in December 2022, representing 8% of its then 250-person workforce. The company, which had reached a $1 billion valuation just six months earlier after raising $100 million, cited the need for business efficiency and productivity amid a broader economic downturn as the reason for the restructuring. Founded in 2018 and headquartered in Tel Aviv, the startup develops Security Service Edge and Zero Trust Network Access solutions.
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