Playtika

Playtika, a mobile gaming company listed on Nasdaq with a market cap of about $1.4 billion, is laying off approximately 500 employees, which represents about 15% of its global workforce of around 3,500. Announced by CEO Robert Antokol on January 26, 2026, this marks the company's fifth round of layoffs since 2022, bringing total job cuts during that period to over 1,000. The decision is part of a strategic shift to "right-size" the organization, moving away from an unsustainable broad growth strategy. The company aims to reduce layers, concentrate resources on a smaller number of future projects, and create a more efficient operating model to invest in future products.

Israeli mobile gaming company Playtika is preparing to lay off about 20% of its workforce, or 700-800 employees, in December 2025. This marks the company's fifth round of job cuts since 2022, despite reporting a net profit of approximately $39 million in the third quarter. Playtika, which is publicly traded on Nasdaq and employs around 3,500 people, has faced challenges integrating recent acquisitions and sustaining game revenues, leading to repeated restructuring efforts within the competitive gaming industry.

Mobile gaming company Playtika has laid off approximately 90 employees, affecting teams in Israel and Poland. This workforce reduction, announced in early June 2025, primarily targets the development teams for the underperforming games Best Fiends and Redecor. The cuts are a direct response to slumping revenues from these titles; for instance, Best Fiends' monthly revenue fell sharply from $8 million to about $3 million over a three-year period. This follows a recent round of layoffs at its subsidiary Wooga. Despite reporting record quarterly revenue of $706 million, the company's net profit fell by 42%, indicating significant margin pressures. Playtika, a publicly traded company on Nasdaq valued around $1.83 billion, continues to navigate challenges in integrating past acquisitions and revitalizing key game franchises.

Israeli gaming company Playtika is laying off 300 to 400 employees, representing about 10% of its global workforce of 3,800. This new round of cuts follows a previous layoff of around 900 employees in 2022. The company, which has a market cap of approximately $2.9 billion, is implementing these reductions amid financial pressures, including a nearly 25% stock price decline since early 2023 and a recent 2.7% year-over-year revenue drop. The layoffs, announced in January 2024, are not expected to affect its Israeli offices, which employ about 1,100 people. Playtika continues to pursue acquisitions, such as the recent purchase of Israeli studio Innplay Labs for up to $300 million, even as it streamlines operations.

Israeli mobile gaming company Playtika is laying off approximately 600 employees, representing 12% to 15% of its global workforce of 4,100, as part of a second round of downsizing in 2022. This includes 180 layoffs in Israel. The company, which expanded significantly during the pandemic, is now restructuring amid challenges in maintaining growth post-Covid, with its casino game revenues declining and share price dropping 54% since the start of the year. The layoffs were reported in December 2022, following an earlier round in June, as Playtika aims to streamline operations despite remaining profitable and cash-rich.

Israeli mobile gaming company Playtika announced layoffs of 250 employees on May 31, 2022, representing about 6% of its then 4,000-strong global workforce. The cuts are part of a restructuring to consolidate operations, leading to the closure of game development studios in Los Angeles, Montreal, and London, with some activities transferred to Israel and Poland. This move, which includes canceling new game projects, aims to streamline the company for growth and profitability amid a challenging post-pandemic market. The broader gaming industry is facing pressure as user engagement declines with the easing of lockdowns, contributing to a significant drop in Playtika's share price since its 2021 IPO. Despite remaining profitable, the company is adjusting to economic headwinds, including rising interest rates and inflation, which have prompted similar layoffs across the tech and gaming sectors.