Snyk laid off over 200 employees, revenues top $300M

What happened

Snyk , the London and Tel Aviv-founded cybersecurity firm, laid off more than 200 employees earlier this year, more than double what was reported at the time, according to a new filing. New financial figures for the cybersecurity firm, which has raised more than $1bn from investors including Tiger Global, also show that Snyk revenues topped the $300m mark in 2025, helped by customer wins.

The latest round of job cuts took place in June this year, with media reports suggesting that 90 employees were being laid off. But a new filing at Companies House reveals more than 200 were laid off. Snyk, founded in 2015, has undertaken several rounds of job cuts in recent years.

Key facts

• The latest round of job cuts took place in June this year, with media — reports: suggesting that 90 employees were being laid off