Fiverr Layoffs: Israel-Based Online Marketplace Cuts 30% Workforce in AI Push, Says Officials

Fiverr layoffs: Israel-based online marketplace cuts 30% workforce in AI push, says officials

Fiverr International is laying off 30% of its workforce, as it pushes AI to automate internally.

Fiverr lays off 30% of staff as it pivots to an AI-first future

Fiverr is making one of its boldest moves yet, and it comes with a heavy cost. The Tel Aviv-based freelance marketplace says it's cutting 30% of its staff, about 250 people, as it doubles down on becoming what CEO Micha Kaufman calls an “AI-first company.”While most might look at this move as just belt-tightening, Fiverr points to wanting to flatten management, speed up decision-making, and rebuild the platform around AI tools that can handle th…

Fiverr cuts 250 staff, re-enters "startup mode" by going all-in on AI

Named after the $5 odd jobs once available through the service, Fiverr connects copywriters, graphic designers, coders, and marketing consultants, among others, to paying clients. The post Fiverr cuts 250 staff, re-enters “startup mode” by going all-in on AI appeared first on SmartCompany.

Fiverr Lays Off 250 Employees and Pivots to ‘AI-Focused Infrastructure’

Freelancer platform Fiverr is laying off 250 employees across different departments as part of a restructuring plan that aims to make the company artificial intelligence (AI)-focused “from the ground up.” In a Monday (Sept. 15) letter to employees shared on the company’s investor relations website, Fiverr Founder and CEO Micha Kaufman said the company has already embraced AI in everything it does, including coding, marketing and provid…