Israeli fintech startup Sorbet has laid off the majority of its staff in a significant operational reset, letting go of all its employees in Israel and most of its U.S.-based team in September 2025. The company, which employed dozens of workers, faced intense profitability pressures. Sorbet operates a platform that monetizes unused employee vacation days, a market valued at over $270 billion annually in the U.S. Despite raising more than $25 million from notable investors, the company cited the high, fixed capital costs of operating in a complex fintech lending environment as a key challenge, forcing this structural downsizing.
