AU10TIX, an Israeli identity verification and management automation company, laid off 19 employees in January 2023, representing about 9% of its total workforce of 220. The layoffs primarily affected back-office staff as part of a company reassessment to meet its 2023 business goals. Concurrently, AU10TIX announced plans to recruit sales and customer management personnel to drive growth and maintain profitability. The company, which serves major clients like PayPal and Uber, operates in the cybersecurity and fintech sectors and was reportedly valued at over $1 billion in the previous year.
