Foretellix Layoffs
January 2026
Foretellix announced a layoff affecting 29 employees (18% of its workforce) in January 2026. The company operates in the Transportation sector.
29
18%
Jan 8, 2026
Company Information
- Industry
- Transportation
- Country
- IL
- Region
- Tel Aviv, Non-U.S.
About
Foretellix, an Israeli autonomous-vehicle software company, has laid off 29 employees, representing about 18% of its workforce. The company, which has raised $135 million and employs around 160 people, cited efficiency measures driven by the growing adoption of AI tools as the reason for the cuts. This move comes despite a period of recent growth, new commercial deals, and a collaboration with NVIDIA. The layoffs, announced in early January 2026, reflect broader industry trends as AI reshapes operational needs in the tech and autonomous driving sectors.
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support@layoffs.nlCompany Information
- Industry
- Transportation
- Country
- IL
- Region
- Tel Aviv, Non-U.S.