Nayax Layoffs
July 2025
Nayax announced a layoff affecting 70 employees (6% of its workforce) in July 2025. The company operates in the Finance sector.
70
6%
Jul 7, 2025
About
Israeli fintech company Nayax is laying off 70 employees, representing 6% of its global workforce of 1,100 people. This first major round of layoffs, announced in July 2025, comes despite strong financial performance, including a 60% stock surge and record quarterly profits. The company, which provides digital payment solutions for self-service retail and is valued around $1.79 billion, stated the cuts are part of an operational efficiency drive. The move highlights a trend of restructuring within the tech industry even amid revenue growth, as Nayax integrates recent acquisitions and aims to streamline its operations.
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