The move is part of a broad reorganization the company is currently working on; According to estimates, the layoffs will affect 7% to 10% of the company’s workforce in Israel and worldwide; Amdocs employs 29,000 people worldwide, and about 5,000 in Israel

The move is part of a broad reorganization the company is currently working on; According to estimates, the layoffs will affect 7% to 10% of the company’s workforce in Israel and…

Amdocs is cutting 2,700-3,000 jobs globally as new CEO Shimie Hortig restructures the company around AI, marking the third straight year of major layoffs.

High-tech 2026 looks completely different from what we knew just a few years ago. Fewer management layers, fewer large teams, and a great deal more automation.

The entire technology industry is experiencing aggressive cuts, partly due to the changes brought about by AI.