Israeli tech firm Amdocs (Nasdaq: DOX) is getting ready for a spherical of layoffs worldwide, during which the corporate will downsize its workforce by 10%, “Globes” has discovered. Estimates are that between 2,700 and three,000 staff will probably be dismissed together with a whole bunch in Israel.
The layoffs come as a part of a brand new technique led by the corporate’s CEO, Shimie Hortig, who assumed his place about two months in the past. It is a broad transfer designed to make Amdocs a versatile, environment friendly and fewer hierarchical firm, whereas adapting work processes to the AI period in addition to the altering calls for of the corporate’s clients.
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Your entire know-how business is experiencing aggressive cuts, partly because of the modifications led to by AI. On the identical time, the present layoffs at Amdocs aren’t any shock. In August 2025, the corporate reported that it was contemplating slicing a whole bunch of staff worldwide, together with in Israel, as a part of a restructuring course of to adapt operations to the AI period. On the time, the corporate immediately linked the effectivity positive aspects to the growing funding in AI and the institution of a devoted GenAI & Knowledge division.
Amdocs defined that it was working to combine AI capabilities “deeply into DNA of the corporate”, and that the change would additionally require changes to the organizational construction and human assets. Amdocs mentioned the purpose was to make it a number one participant within the AI area for telecom and media firms worldwide. The corporate confused on the time that this was a strategic transfer that was constructed over time, and never a one-time step. Amdocs famous it, “Steadily adapts its actions to the alternatives and challenges in its enterprise atmosphere,” and that the streamlining was meant to take care of aggressive power and help the corporate’s new areas of development.
In 2023, the corporate laid off about 2,700 staff worldwide, of which about 300 had been in Israel, and in 2024 it minimize over 1,500 further jobs, of which about 100 had been in Israel, and final 12 months it introduced its intention to put off a whole bunch of staff in Israel.
No response to this report has been forthcoming from Amdocs.
Printed by Globes, Israel enterprise information – en.globes.co.il – on Could 28, 2026.
© Copyright of Globes Writer Itonut (1983) Ltd., 2026.
