Soluto, the Israeli R&D center of U.S. company Asurion, is shutting down, resulting in the layoff of all 120 employees. This closure, announced in July 2022, is part of Asurion's broader internal reorganization, which includes downsizing its global workforce and shifting its business focus toward the cellular market. The decision ends Soluto's operations, which began after its acquisition by Asurion in 2013. The affected employees, who worked in the tech industry, were offered extended benefits and support to find new jobs, with about 40 staff members remaining until the end of the year to assist with the transition.
