Economy · Full coverage
Israeli Software Firm Redis Plans Major Job Cuts Amid AI Shift
How 5 Israeli newsrooms covered this story — translated into English and compared side by side.
67% center
Center 2Right 1Unrated 2
First reported by Globes · 6 hours ago
What happened
Redis, an Israeli software company, plans to cut about 25% of its 300-strong Israeli development staff due to AI-driven workforce changes, keeping the center as its largest globally. The layoffs will be announced soon, reducing staff to around 220-230. Redis has raised $350 million since its 2011 founding and recently extended its Tel Aviv office lease.
- 01Redis will lay off roughly 25% of its 300 employees at its Israeli development center.
- 02The layoffs are linked to workforce adjustments due to AI tool integration in tech.
- 03Post-layoffs, the Israeli center will remain Redis's largest development hub globally.
- 04Redis employs about 1,300 people worldwide across Israel, the US, and Bulgaria.
- 05Founded in 2011, Redis raised $350 million, last funding in 2021 at a $2 billion valuation.
- 06The company extended its Tel Aviv office lease for 10 more years.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 5 outlets
The same event, reported separately by each newsroom. Open a few to compare what each emphasizes — and what they leave out.
Related stories
Israeli tech layoffs deepen as AI and a weak dollar squeeze companiesJun 22, 2026Dell Cuts Dozens of Jobs in Israel Amid Global Restructuring7 days agoIsraeli tech layoffs deepen as older, experienced workers flood the job marketJun 25, 2026Snyk cuts dozens of jobs in Israel in fourth layoff roundJun 24, 2026Oracle Cut 21,000 Jobs Amid Rapid AI RolloutJun 23, 2026Living on 13,000 shekels in unemployment benefits, inside the upheaval in Israeli techJun 5, 2026
