Verint Systems, a customer experience automation company, laid off hundreds of employees in early March 2026, following its $2 billion acquisition by private equity firm Thoma Bravo. The layoffs affected several dozen of its approximately 200 employees in Israel, part of a global workforce of around 3,800. The job cuts are part of the integration process as Thoma Bravo merges Verint with another portfolio company, Calabrio, to form a unified AI-driven customer experience platform. This restructuring also included a leadership change, with Calabrio's former CEO taking over. The move marks the beginning of Verint's new era as a private company after being delisted from Nasdaq.
