Of its overall staff, Orca Security is laying off about sixty workers, or 15 % of its workforce. Israel will account for half of the layoffs, with the other employees coming from operations in the United States, London, Portland, and Bangkok, among other places.
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Orca, which has around 430 employees, stated that it intends to provide some of the impacted workers the opportunity to stay on the team in other capacities.
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Orca said, “Orca has reached a peak in terms of the number of customers, revenue volume that has increased by hundreds of percent since the last financing round, and customer satisfaction according to surveys. This is in addition to a series of achievements, including our selection as a global security partner of AWS. However, like other companies that are required to become more efficient during this period, we too are going through a reorganization process and have to say goodbye to wonderful people, who helped bring Orca to where it is today. Depending on the restructuring, some employees will be able to be re-absorbed in the company in a different position. In addition, Orca continues to grow and hire employees for the company’s departments that continue to grow.”
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About Orca Security
Founded in 2019, Israel based Orca Security is the pioneer of agentless cloud security, and is trusted by hundreds of enterprises globally. Orca Security, the industry-leading Cloud Security Platform that identifies, prioritizes, and remediates security risks and compliance issues across your cloud estate, spanning AWS, Azure, Google Cloud and Kubernetes.
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