NICE Lays Off About 500 Employees
Israeli software firm NICE is letting go of around 500 staff, according to a report from The Jerusalem Post. The short report does not give details on which teams or roles are affected. Job cuts like this matter to the people losing work, and they show how tech firms are reshaping their staff.
Quick glossaryNICE, Layoffs
- NICE
- An Israeli company that sells software to businesses, best known for tools that run customer service call centres.
- Layoffs
- When a company ends the jobs of a group of its staff, usually to cut costs or reshape the business.
Burning Potato score: 70%