Playtika shedding yet more employees

Since being floated on Nasdaq five years ago, Playtika Holding Corp. (Nasdaq: PLTK) has carried out several downsizing rounds, and its headcount shrank from 3,800 to 3,500 at the end of 2024. It is now making another, larger round of layoffs: according to estimates, up to 700 employees will have to leave, representing about 20% of the workforce at the end of last year. Playtika employs about 1,000 people in Israel. Playtika stated in response: "In accordance with company policy, we do not customarily comm ...