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Israeli cybersecurity firm Skybox shuts down laying off 300 employees
Israeli cybersecurity firm Skybox Security has shut down, resulting in the layoff of approximately 300 employees, including 100 in Israel and 200 in the U.S. CEO Mordecai Rosen announced the closure on February 24, stating that employees would not receive final salaries and should seek assistance from the National Insurance Institute. The company is entering liquidation while simultaneously selling its business and technology to Tufin.
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