MyHeritage Plans Global Layoffs Affecting 15% of Workforce Including Israeli Staff
Translated & summarized from N12 by baba
MyHeritage is cutting about 15% of its global workforce, including several dozen employees in Israel, as part of a worldwide restructuring. The Israeli tech firm, known for its family history and DNA testing platform, recently introduced AI tools for historical document analysis. The layoffs reflect a global reduction effort affecting its approximately 500 employees worldwide.
The story in 6 lines · by baba
- MyHeritage will lay off about 15% of its global workforce, including several dozen in Israel.
- The company employs around 500 people worldwide, with headquarters in Or Yehuda, Israel.
- Layoffs in Israel will be proportionally smaller than the global 15% cut.
- MyHeritage was founded in 2003 by Gilad Japhet and offers family history and DNA testing services.
- Recently launched AI tools include Scribe AI for document analysis and Country Coding for family trees.
- The layoffs are part of a global restructuring amid industry changes.
MyHeritage, the Israeli tech company specializing in family history and DNA testing, announced a global layoff plan affecting approximately 15% of its employees worldwide. The company, which currently employs around 500 people, will see several dozen employees laid off in its Israeli offices as part of this reduction. While the global cut is set at 15%, the impact on the Israeli branch is expected to be somewhat lower in proportion, according to company executives.
Founded in 2003 by Gilad Japhet, MyHeritage operates a platform for building family trees, accessing billions of historical records, and conducting home DNA tests to trace ethnic origins. The company is headquartered in Or Yehuda, Israel. Recently, MyHeritage launched new AI-driven tools, including Scribe AI, which helps decipher, transcribe, translate, and analyze historical documents and old family photos. Another new feature, Country Coding, automatically adds flags to family trees based on key ancestral event locations.
The layoffs come amid a broader global restructuring effort, reflecting shifts in the tech industry and company strategy. The company has not specified exact dates for the layoffs but confirmed the process is underway as part of a global adjustment.
