"This transformation requires a painful reset, and as we make it, we will be parting ways with approximately 250 team members across the different departments, resulting in a smaller and flatter organization,"
"This is possibly one of the toughest decisions that I have had to make, especially as Fiverr is such a magical place with a strong sense of belonging and mission-driven culture."
"AI is coming for your jobs,"
"As ITPro previously discussed, many companies have issued cuts under the guise of 'driving efficiency' or 'pursuing high-growth' areas, which more often than not translates to layoffs aimed at automating roles or freeing up cash to invest in the technology."
Fiverr will part ways with approximately 250 employees, around 30% of its workforce, as the company shifts to an AI-first model and a smaller, flatter structure. CEO Micha Kaufman described the move as a painful reset intended to make the company leaner, simpler, and faster while preserving a mission-driven culture. Kaufman previously warned staff that AI threatens jobs and urged employees to upskill or face career changes. The layoffs reflect a broader tech-industry trend where companies frame reductions as efficiency or growth realignments while investing in automation and AI.
Read at IT Pro
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