Israeli chip company Inuitive, which specializes in 3D imaging for robotics, drones, and AR/VR, has laid off approximately 20% of its workforce, affecting about 16 of its 80 employees. The layoffs coincide with the retirement of CEO and co-founder Shlomo Gadot, who stepped down in August 2024, reportedly due to reaching retirement age. Co-founder Dor Zepeniuk has been appointed as the new CEO to ensure continuity. The fabless semiconductor startup, founded in 2012 and having raised around $200 million, is navigating these changes amid broader industry challenges.
