Foretellix, an Israeli autonomous-vehicle software company, has laid off 29 employees, representing about 18% of its workforce. The company, which has raised $135 million and employs around 160 people, cited efficiency measures driven by the growing adoption of AI tools as the reason for the cuts. This move comes despite a period of recent growth, new commercial deals, and a collaboration with NVIDIA. The layoffs, announced in early January 2026, reflect broader industry trends as AI reshapes operational needs in the tech and autonomous driving sectors.
