Riskified Layoffs

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Riskified, a publicly traded fraud prevention software company in the e-commerce industry, is laying off dozens of employees, including staff in Israel, as it continues to struggle with growth and profitability. The company, which currently employs around 700 people, saw its valuation drop from $3.3 billion at its 2021 IPO to about $930 million. Despite generating approximately $320 million in annual revenue, its growth has been modest at around 10% last quarter, and it has yet to achieve profitability. The layoffs, announced in February 2025, reflect ongoing challenges in streamlining operations and improving financial performance.

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