Sapiens To Cut 10% Of Workforce In US, India
Timesnow

Sapiens To Cut 10% Of Workforce In US, India

  • Sapiens to layoff ~10% globally after Advent's $2.5B acquisition; India, US hit hardest.
  • HQ shift to London; Israel layoffs limited to 5% due to strategic importance.
  • Layoffs part of cloud-focused structural change after delisting from NASDAQ and Tel Aviv.
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