Lightricks perpares for an additional spherical of layoffs
Jerusalem-based Lightricks, primarily often called the developer of the Facetune content material modifying app, which has greater than 500 staff, is making ready for an additional spherical of layoffs, “Globes” has discovered. In accordance with sources conversant in the small print, the corporate will make cuts as a part of a broader change in its operations, however it’s at the moment unclear what the ultimate variety of layoffs can be.
The transfer comes within the wake of great modifications the corporate has undergone in recent times. Lightricks has expanded its actions within the area of AI and invested in growing superior fashions and instruments for creating content material, in efforts to create new development engines and grow to be a significant participant within the area. Amongst different issues, the corporate has invested in growing the LTX Studio platform and different AI instruments for creating video and digital content material.
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Not the primary spherical of layoffs
That is one other spherical of cuts for the corporate, which has been making repeated changes to its operational construction in recent times. In October 2025, Lightricks introduced that some 85 staff have been being laid off, whereas hiring 30 AI specialists. On the time, the corporate defined that it was implementing a complete organizational restructuring to concentrate on areas with excessive development potential and speed up its AI actions. As a part of that transfer, the corporate established a brand new construction based mostly on a devoted division for growing AI fashions and applied sciences alongside actions targeted on its shopper merchandise.
In 2024, the corporate additionally downsized, when about 70 staff have been laid off as a part of one other strategic change. On the identical time, the corporate introduced that it was decreasing exercise in a few of its conventional modifying purposes and directing sources in direction of growing new AI merchandise. The main target of the transfer at the moment was additionally LTX Studio – the identical platform for creating movies and scenes utilizing textual content instructions, which was marked as one of many firm’s most important development engines.
No response to this report has been forthcoming from Lightricks.
Revealed by Globes, Israel enterprise information – en.globes.co.il – on Could 27, 2026.
© Copyright of Globes Writer Itonut (1983) Ltd., 2026.
