Veteran software company lays off about 10% of employees
The veteran Israeli software company Atera is laying off about 10% of its workforce, approximately 450 employees, as part of an efficiency and organizational restructuring move. The company continues to invest in developing artificial intelligence technologies for IT systems management.
The veteran Israeli software company Atera is laying off about 10% of its workforce as part of an efficiency and organizational restructuring move. Founded in 2011 by Gil Pekelman and Itai Tsur, the company developed a platform for managing IT systems in organizations that integrates AI agents to autonomously resolve technical issues. In recent years, the company expanded its activities in the field of artificial intelligence, including through Robin technology for automatic fault detection and resolution. The company currently has about 450 employees and operates mainly in international markets, including the US and Europe. Atera raised capital over the years from investors, including the American investment fund K1 Investment Management. The company stated that the changes are intended to improve efficiency and focus resources on strategic priorities, while continuing to invest in the IT management platform and Robin technology.