Amdocs to lay off 3,000 employees - The Jerusalem Post

Israeli technology company Amdocs has announced plans to lay off approximately 10% of its workforce, affecting between 2,700 and 3,000 employees, according to The Jerusalem Post. The decision is aimed at adapting the company's work processes to the AI era and changing customer demands.

Amdocs, which provides software and services for communications and media companies, stated that the layoffs are necessary to better align its operations with the evolving technological landscape driven by artificial intelligence. The company did not specify which departments or locations would be most impacted, but the cuts represent a significant reduction in its global workforce.

The layoffs are part of a broader trend in the technology sector, where companies are restructuring to incorporate AI tools. The Jerusalem Post notes that the company aims to remain competitive amid rapid shifts in customer expectations and technological capabilities.