Snyk cut over 200 jobs as revenue rises, losses widen
Cybersecurity firm Snyk cut about 203 jobs, roughly 20% of its workforce, in June 2025—more than double previous reports, according to a new Companies House filing. Revenue rose 11% to $309 million, but annual losses increased to $189 million. The layoffs, affecting staff in the US and Israel, will cost Snyk up to $13.8 million. Snyk has also expanded into AI security through its 2025 acquisition of Invariant Labs.
- 203 jobs cut, about 20% of workforce
- $309 million revenue in 2025, up 11%
- Losses rose to $189 million this year
- Layoffs impact staff in US and Israel
- AI security unit strengthened by Invariant Labs acquisition
Sources covering this
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