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Amdocs to lay off 3,000 employees | The Jerusalem Post

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

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Amdocs to lay off 3,000 employees | The Jerusalem Post

Amdocs (Nasdaq: DOX) is cutting 3,000 employees globally — 10% of its workforce — under new CEO Shimie Hortig, citing AI-driven efficiency and organizational restructuring. For tech leaders, this signals that telecom-stack vendors are accelerating AI substitution of headcount, compressing the window for integrators and SaaS players in the telco/media vertical.

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cryptobriefing.com3 mesi fa

Amdocs plans to lay off 3,000 employees as part of AI-driven restructuring

Amdocs is cutting 2,700–3,000 jobs (≈10% of its 29,000 workforce), the third consecutive year of large-scale layoffs, as new CEO Shimie Hortig restructures the company around a dedicated AI division. With Q2 revenue of $1.17B (+3.9% YoY) but a downward-revised full-year growth outlook, telecom and enterprise software vendors face the same AI-for-efficiency bet: fewer headcount, higher automation — and investors will expect measurable returns within 12 months.

Amdocs to lay off 3,000 employees | The Jerusalem Post

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Amdocs to lay off 3,000 employees | The Jerusalem Post

Amdocs plans to lay off 3,000 employees as part of AI-driven restructuring

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Amdocs is preparing for a wave of layoffs, hundreds of them in Israel

Amdocs plans to lay off 3,000 employees as part of AI-driven restructuring

Amdocs is preparing for a wave of layoffs, hundreds of them in Israel

Tech industry mutating before our eyes | The Jerusalem Post

Amdocs to lay off 3,000 employees | The Jerusalem Post