Incredibuild Layoffs
November 2024
Incredibuild announced a layoff affecting 18 employees (11% of its workforce) in November 2024. The company operates in the Product sector.
18
11%
Nov 4, 2024
About
In November 2024, Israeli software acceleration company Incredibuild laid off 18 employees, representing about 11% of its workforce, as part of its $65 million acquisition of German startup Garden. The layoffs, which affected staff in Israel, were described as a strategic move to adapt the company's capabilities and market strategy following the acquisition. Concurrently, Incredibuild is hiring for the newly acquired Garden team. The company, which operates globally in the tech industry and had about 150 employees prior to this round, aims to integrate Garden's technology to significantly speed up development and CI pipelines for its customers. This follows a previous round of layoffs at the end of 2023.
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