AI forces Israeli unicorn BigID to put off 150

Israeli unicorn BigID, which acquired a valuation of $1 billion two years in the past, has joined the wave of tech corporations downsizing in latest weeks, shedding about 150 of its 650 workers – greater than 20% of its workforce, “Globes” has discovered.

An estimated 20-30 of these workers shedding their jobs are in BigID’s Tel Aviv improvement heart. This spherical of layoffs at an Israeli firm, comes a day after the announcement that 1,000 Wix workers are shedding their jobs, in addition to layoffs final week at Meta in Tel Aviv and Intuit in Hod Hasharon. The timing of the wave of layoffs in latest weeks is expounded to the broader adoption of AI-based improvement instruments in enterprises, and measures to begin the second half of 2026 on a extra worthwhile footing.

BigID was based by CEO Dmitri Sirota and CPO Nimrod Vax in 2015 and has raised about $260 million to this point from primarily US buyers, together with Redwood, Creation, Bessemer and Cisco. The corporate has developed an enterprise knowledge safety platform with an emphasis on inside and regional regulatory guidelines.

The corporate stated, “We proceed to function in 25 international locations. The info and AI market is stronger than ever and we now have a category-leading product. As a part of this transformation, we’re adapting our workforce and accelerating an AI-first strategy in each software program improvement and operations. AI is the largest technological change of our careers, altering not solely what corporations construct, but in addition how we work. We’re selecting to completely embrace the change. The staff leaving the corporate have made main contributions to our enterprise, development and tradition over time, and we’re dedicated to supporting them throughout this transition.”

Printed by Globes, Israel enterprise information – en.globes.co.il – on Could 26, 2026.