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

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.

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cryptobriefing.com

jpost.com

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cryptobriefing.comStai leggendo1 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.

originale

jpost.com1 mesi fa

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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ynetnews.com1 mesi fa

Amdocs is preparing for a wave of layoffs, hundreds of them 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 worldwide; Amdocs employs 29,000 people…

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Timeline cronologica

giovedì 28 maggio 2026·ynetnews.com
Amdocs is preparing for a wave of layoffs, hundreds of them 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…
domenica 31 maggio 2026·cryptobriefing.com
Amdocs plans to lay off 3,000 employees as part of AI-driven restructuring
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.
domenica 31 maggio 2026·jpost.com
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.