DataIL

Pecan AI Layoffs

January 2023

Pecan AI announced a layoff affecting 30 employees (25% of its workforce) in January 2023. The company operates in the Data sector.

People Affected

Percentage

25%

Announced Date

Jan 5, 2023

About

Israeli predictive analytics company Pecan AI is laying off 30 employees, which represents 25% of its 120-person workforce. The layoffs were announced in early January 2023, as the company, which had raised a $66 million Series C round just a year prior, navigates the broader tech downturn. Pecan AI provides a low-code platform for business intelligence analysts to generate predictive models from transactional data.