Israeli data center technology startup Pliops laid off 12 employees in August 2022 as part of a strategic refocusing of its business and technological activities on the U.S. market. This reduction, which affected the sales and marketing departments, followed a successful $100 million Series D funding round. The layoffs represented approximately 10% of the company's workforce, which stood at 115 people after the cuts. CEO Uri Beitler stated the move was to streamline operations and concentrate resources on the development and release of the company's next-generation product slated for 2023, aiming to drive future growth and achieve profitability.
