At-Bay Layoffs
March 2026
At-Bay announced a layoff affecting 25 employees in March 2026. The company operates in the Security sector.
25
Mar 4, 2026
About
Insurtech unicorn At-Bay laid off 25 research and development employees in Israel in early March 2026, reducing its local workforce from 340 staff. This represents a cut of approximately 7% of its Israeli team. The cyber insurance company, valued at $1.35 billion, is restructuring its development division as part of a strategic shift to prioritize operating profitability. CEO Rotem Iram described the decision as difficult but necessary to position the company responsibly as a global leader in its market. The layoffs were implemented just before a period of regional conflict, adding to the challenge of the situation.
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