Fintech · Israel
Vesttoo layoffs
We've tracked one Vesttoo layoff, in Aug 2023, affecting an undisclosed number of people. None of these cuts were publicly blamed on AI. Headcounts are what was reported at the time, and some may have changed since.
People affected
N/A
Across tracked announcements
Announcements
1
Aug 2023 → Aug 2023
AI-attributed
0%
Of affected people
Every tracked announcement
- −Undisclosed(75% of workforce)
Israeli insurance fintech cut most staff and closed Asian offices after a scandal over fraudulent letters of credit.
About the figure: The company had around 200 employees at the time.
Source: AGBI
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Part of the WorkforceSignal company directory, every event curated from public reporting with conservative AI attribution. See methodology.