Taboola

Taboola laid off 100 employees representing approximately 5% of its workforce on 2026-04-15. The company is at the Post-IPO funding stage and operates in the Marketing sector.

Taboola, a digital advertising platform, laid off over 100 employees, representing 6% of its workforce of more than 2,000 people. The cuts were announced by CEO Adam Singolda in September 2022 as part of a broader cost-reduction plan aiming to save $38 million, including cuts to marketing and capital expenses. This restructuring occurred despite recent growth, following the company's public listing via a SPAC merger in 2021, which valued it at $2.6 billion, though its market cap had since declined. The layoffs reflect broader economic pressures in the tech industry during that period.