Snyk Layoffs
June 2022
Snyk announced a layoff affecting 30 employees in June 2022. The company operates in the Security sector.
30
Jun 30, 2022
About
In June 2022, cybersecurity company Snyk laid off approximately 5% of its global workforce as part of organizational restructuring aimed at improving operational efficiency and balancing profitability with growth amid economic headwinds. The layoffs followed a period of rapid expansion where the company tripled its team size and acquired multiple companies. Snyk, which provides a developer security platform, stated the changes were necessary to sharpen focus, better meet customer needs, and ensure long-term success in a shifting market environment.
Source
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