Augury Layoffs
July 2025
Augury announced a layoff affecting 60 employees (18% of its workforce) in July 2025. The company operates in the Manufacturing sector.
60
18%
Jul 10, 2025
About
Israeli industrial AI unicorn Augury is laying off about 60 employees, representing 18% of its global workforce of 345, as announced in July 2025. This marks the company's third round of layoffs, following previous cuts affecting around 100 staff. Despite raising $75 million in a Series F round just months earlier in February, which valued the company at over $1 billion, Augury stated the restructuring is intended to sharpen its focus and fuel its next growth phase. The Haifa-based company, which provides AI-driven machine health monitoring solutions to manufacturing plants, has seen significant revenue growth and customer expansion but is now adjusting its organizational structure to prioritize new roles and maintain its market leadership trajectory.
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