Playtika Layoffs
June 2025
Playtika announced a layoff affecting 90 employees in June 2025. The company operates in the Consumer sector.
90
Jun 5, 2025
About
Mobile gaming company Playtika has laid off approximately 90 employees, affecting teams in Israel and Poland. This workforce reduction, announced in early June 2025, primarily targets the development teams for the underperforming games Best Fiends and Redecor. The cuts are a direct response to slumping revenues from these titles; for instance, Best Fiends' monthly revenue fell sharply from $8 million to about $3 million over a three-year period. This follows a recent round of layoffs at its subsidiary Wooga. Despite reporting record quarterly revenue of $706 million, the company's net profit fell by 42%, indicating significant margin pressures. Playtika, a publicly traded company on Nasdaq valued around $1.83 billion, continues to navigate challenges in integrating past acquisitions and revitalizing key game franchises.
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