Playtika is reducing its workforce by 15% in an effort to make a "larger adjustment to cost structure"

Playtika is set to reduce its workforce by around 15%, a move estimated to incur costs between $12 million and $15 million due to restructuring efforts.

Announced via a SEC filing dated January 14, 2026, the company aims to adjust its financial strategy and reassign resources among its games.

This cutback could impact over 450 employees among Playtika’s global staff of more than 3,000.

The company anticipates concluding this restructuring by the end of the first quarter of 2026.

In a message to staff included in the filing, CEO Robert Antokol characterized the initiative as a major evolution in the company's operations.

He noted, "We have consistently pursued expansion, leveraging similar resource strategies across our catalogue, but the industry's current economic landscape demands change."

Antokol emphasized the necessity to revamp the company’s expenditure now to secure future investment opportunities. He stated, "We must realign our investment focus to sufficiently fund potential growth areas."

He further explained that Playtika is shifting towards more efficient team structures by utilizing AI and automation.

Antokol also indicated that a leaner operation will help Playtika provide improved compensation, clearer career trajectories, and foster a successful culture.

This marks the fourth major layoff for Playtika since June 2022, following the dismissal of 250 employees and the shutdown of offices in Montreal, Los Angeles, and London.

The company let go of over 600 employees the subsequent December, which also involved halting three projects.

In January 2024, an additional 10% reduction occurred, leading to the loss of up to 400 jobs, and later included the elimination of chief revenue officer and chief operating officer positions.

The latest cuts were reported last June, affecting around 160 positions in Israel and Poland.