Economy · Full coverage
Cybersecurity Firm Pantera Cuts 60 More Jobs Amid AI Shift
How 3 Israeli newsrooms covered this story — translated into English and compared side by side.
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First reported by N12 · 2 hours ago
What happened
Pantera, a cybersecurity firm, is laying off 60 employees in a second round of cuts amid a strategic shift toward AI-based solutions, affecting about 20% of its workforce including many in Israel. The company recently raised $60 million, expanded globally, and is focusing on AI-native cybersecurity platforms.
- 01Pantera lays off 60 employees in a second round, totaling 20% of its 470 staff.
- 02About 30 of the latest layoffs are in Israel, adding to 20 Israeli layoffs earlier.
- 03The company raised $60 million in March 2025, totaling $250 million raised.
- 04Pantera is shifting focus to AI-based cybersecurity solutions and platform transformation.
- 05Recent layoffs affect all departments, including R&D, while hiring AI experts continues.
- 06Pantera signed a tech partnership with cybersecurity firm Recorded Future last week.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 3 outlets
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