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SnykNews

Layoffs hit two stalwarts of Boston cybersecurity scene

What happened

Peter McKay stepped down as CEO of Snyk in April after six years in the role.

Source

Article excerpt

Highlighted: the sentence this signal was extracted from

Two local cybersecurity stalwarts, Rapid7 and Snyk, cut jobs over the past few weeks, as new leadership at both companies retrenches in the face of younger competitors focused on using artificial intelligence. The recent job cuts were relatively modest, with 21 people laid off at Rapid7, or less than one percent of the staff, the company said without further comment. Snyk cut 90 jobs out of about 1,500 workers, The Jerusalem Post reported. Snyk did not respond to requests for comment. With the release of new AI models, such as Anthropic's Mythos, which was briefly banned by the White House, the cybersecurity industry is under extreme pressure to counter the threat of AI-powered hackers while also using the technology to make their own operations more efficient. Boston has seen a crop of new cybersecurity companies, such as 7AI and Realm.Security, using AI from the start, while older, more established players such as Rapid7 and Snyk scramble to adapt. Both of those companies appointed new CEOs earlier this year as they sought to adapt to the rapid changes brought on by AI, among other factors. At Rapid7, Wael Mohamed, a 30-year industry veteran who has run several cybersecurity companies, took over for longtime CEO Corey Thomas last month. The company's stock has jumped 42 percent since the change. At Snyk, CEO Peter McKay stepped down in April after six years, saying the...

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Extracted by Autobound

From the Signal API record
Event
News

What this signalsA leader's exit often changes who makes buying decisions.

Person
Peter McKayCEO
Location
Boston, Massachusetts, United States

The full record

From the Signal API record

People

  • Peter McKayCEO · Named in the story

Topics and mentions

Job title tags

  • directors

Extraction

Confidence
90%
Detected
Jul 14, 2026
signal_type
news
signal_subtype
leaves

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This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/5737372c-ba69-e299-8a2f-3e89b7305044 returns this record as JSON. POST /v1/companies/enrich returns every signal for snyk.io.

{
  "signal_id": "5737372c-ba69-e299-8a2f-3e89b7305044",
  "signal_type": "news",
  "signal_subtype": "leaves",
  "detected_at": "2026-07-14T11:03:22+00:00",
  "company": {
    "name": "Snyk",
    "domain": "snyk.io"
  },
  "data": {
    "url": "https://www.bostonglobe.com/2026/07/14/business/rapid7-layoffs-snyk-cybersecurity-jobs/",
    "title": "Layoffs hit two stalwarts of Boston cybersecurity scene - The Boston Globe",
    "contact": "Peter McKay",
    "excerpt": "Two local cybersecurity stalwarts, Rapid7 and Snyk, cut jobs over the past few weeks, as new leadership at both companies retrenches in the face of younger competitors focused on using artificial intelligence. The recent job cuts were relatively modest, with 21 people laid off at Rapid7, or less than one percent of the staff, the company said without further comment. Snyk cut 90 jobs out of about 1,500 workers, The Jerusalem Post reported . Snyk did not respond to requests for comment. With the release of new AI models, such as Anthropic’s Mythos, which was briefly banned by the White House , the cybersecurity industry is under extreme pressure to counter the threat of AI-powered hackers while also using the technology to make their own operations more efficient. Boston has seen a crop of new cybersecurity companies, such as 7AI and Realm.Security , using AI from the start, while older, more established players such as Rapid7 and Snyk scramble to adapt. Both of those companies appointed new CEOs earlier this year as they sought to adapt to the rapid changes brought on by AI, among other factors. At Rapid7, Wael Mohamed, a 30-year industry veteran who has run several cybersecurity companies, took over for longtime CEO Corey Thomas last month . The company’s stock has jumped 42 percent since the change. At Snyk, CEO Peter McKay stepped down in April after six years, saying the...",
    "summary": "Peter McKay stepped down as CEO of Snyk in April after six years in the role.",
    "location": "Boston, Massachusetts, USA",
    "planning": false,
    "image_url": "https://bostonglobe-prod.cdn.arcpublishing.com/resizer/v2/XDU6GKV7Y4I6TF5STEGUWW642M.jpg?auth=2d5adb7b067d1a99ebddd1399014c1cc2b450031ede41c856b08d11575a75758&width=1440",
    "job_title": "CEO",
    "confidence": 0.9,
    "published_at": "2026-07-14T11:03:22Z",
    "location_data": [
      {
        "city": "Boston",
        "state": "Massachusetts",
        "region": "Northern America",
        "country": "United States",
        "continent": "Americas",
        "fuzzy_match": false
      }
    ],
    "job_title_tags": [
      "directors"
    ],
    "article_sentence": "At Snyk, CEO Peter McKay stepped down in April after six years, saying the company needed to find “ a visionary, AI-immersed leader.”"
  }
}

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