Lightricks Layoffs

Industry Consumer · Location Jerusalem · Israel · Subscribe (RSS)

4
Layoff rounds
310
Employees laid off
Series D
Funding stage
$335M
Total raised

Lightricks has 4 publicly reported layoff rounds on record between July 4, 2022 and June 1, 2026. A total of about 310 employees were affected across these rounds.

Layoff history

June 1, 2026
Lightricks cut 75 employees (17% of staff)
75 laid off 17% of workforce Location Jerusalem

Lightricks let go of 75 employees, or 17% of its workforce, as the Jerusalem-based unicorn rebuilds around artificial intelligence. The company is splitting into two separate entities: Facetune, its profitable photo-editing app, and LTX, its AI video division. Behind the cuts is a push to recruit specialized AI talent with model-building experience. The latest reduction follows an earlier round of 85 layoffs in October 2025.

Reason: AI restructuring and operational transformation

Source: calcalistech.com

October 27, 2025
Lightricks cut 85 employees (15% of staff)
85 laid off 15% of workforce Location Jerusalem

Lightricks disclosed a workforce reduction affecting its Jerusalem operations in October 27, 2025. Approximately 85 roles were eliminated.

Source: calcalistech.com

July 1, 2024
Lightricks cut 70 employees (12% of staff)
70 laid off 12% of workforce Location Jerusalem

Lightricks disclosed a workforce reduction affecting its Jerusalem operations in July 1, 2024. Approximately 70 roles were eliminated.

Source: calcalistech.com

July 4, 2022
Lightricks cut 80 employees (12% of staff)
80 laid off 12% of workforce Location Jerusalem

Lightricks disclosed a workforce reduction affecting its Jerusalem operations in July 4, 2022. Approximately 80 roles were eliminated.

Source: en.globes.co.il

Data for Lightricks is compiled from public WARN Act filings and reporting linked above. See our methodology.