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

Cybersecurity firm Snyk cut about 203 employees (20% of its global workforce) in June 2026, more than double what was reported at the time. Revenue for 2025 rose 11% to $309M, while losses widened from $169M to $189M.

• About 203 employees were laid off — 20% of the global workforce
• The cuts will cost up to $13.8M
• 2025 revenue rose 11% to $309M
• Losses widened from $169M to $189M