Amdocs is reportedly preparing to cut an estimated 7-10% of its workforce, roughly 2,000 to 2,900 jobs, with hundreds in Israel. We log 2,500 as the representative midpoint. The cuts are part of a reorganization under new CEO Shimie Hortig that centralizes AI into a new division. Reported by CTech and Ynetnews on May 28, 2026; Amdocs has not confirmed specific figures and said the processes are still under review.
Amdocs (Nasdaq: DOX) builds billing and customer software for major phone carriers. This would be its fourth straight year of layoffs.