Playtika plans to cut 20% of workforce, up to 800 jobs at risk
The fifth round of layoffs since 2022 comes despite a net profit of about $39 million in the third quarter.
Israeli gaming company Playtika is preparing to lay off about 20% of its workforce in December, Calcalist has learned. The cuts, expected to begin next month, are estimated to affect 700–800 employees. Playtika currently employs roughly 3,500 people, including about 1,000 in Israel.
Full list of Israeli high-tech layoffs in 2025
Since 2022, the company has conducted four rounds of layoffs, during which more than 1,000 employees were dismissed, the most recent in June. Playtika is traded on Nasdaq with a valuation of approximately $1.5 billion. In the third quarter, it reported revenues of $674.6 million and a net profit of about $39 million.
The company said in response: “In accordance with company policy, we do not comment on matters of this nature.”
Playtika laid off approximately 90 employees in June, with around 40 in Israel and 50 in Poland. The layoffs affected the development teams behind two of its titles: Best Fiends and Redecor. This followed a similar move two weeks earlier, when Wooga, a Playtika subsidiary, laid off around 50 employees.
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In 2021, Playtika acquired Finnish gaming studio Reworks, the developer of Redecor, in a deal valued at $600 million. The acquisition was intended to strengthen Playtika’s position in the design games segment, a genre that had been growing in popularity in the mobile gaming market. Redecor, a simulation-based interior design game, was considered a leader in its category. However, Playtika has since struggled to integrate Reworks into its operations, and all of the studio’s founders departed within two years of the acquisition.
