https://layoffcheck.com/companies/rewire Layoff and WARN notices reported for Rewire. en-us https://layoffcheck.com/companies/rewire#2026-02 https://layoffcheck.com/companies/rewire#2026-02-138 Wed, 04 Feb 2026 12:00:00 GMT Rewire, the Israeli cross-border payments fintech acquired by Remitly, laid off about 110 employees in early February 2026, more than half of its roughly 200-person Israeli workforce, as parent company Remitly consolidated research and development into other global locations. The company said the move was meant to simplify operations, reduce complexity, and focus on its most significant growth engines in cross-border payments. Its Israeli development center effectively closed, with only sales and business roles kept locally. COO Guy Badichi said the firm was "strengthening its focus and centralizing research and development activities in its other centers of operation." Affected employees were reportedly notified over a Zoom call led by U.S.-based executives. Remitly had bought Rewire for about $80 million in 2022.