Amdocs Layoffs: Software Giant to Cut 7% to 10% of Global Workforce Amid Strategic Restructuring and Leadership Change
Amdocs is planning to lay off 7 to 10 per cent of its 29,000-strong global workforce as part of a broad organisational redesign. The cuts follow the appointment of new CEO Shimie Hortig, who is leading a shift in the firm’s operating model. Amdocs has conducted several rounds of layoffs over the past five years to remain competitive.
Software services giant Amdocs is preparing for a substantial wave of layoffs as part of a comprehensive organisational redesign. The company, which provides software and services to communications, media and financial providers, is expected to reduce its global headcount by between 7 and 10 per cent. This restructuring initiative, which follows the recent appointment of new leadership, will impact hundreds of employees across its international operations, including its significant development centres in Israel.
Amdocs Layoffs to Be Announced
The planned workforce reduction coincides with a period of strategic transition following the appointment of Shimie Hortig as President and Chief Executive Officer in late March 2026. Hortig succeeded longtime executive Shuky Sheffer, who led the company for approximately eight years. Under this new leadership, Amdocs has initiated a broad process to redesign its operating model, aiming to better position the firm for future market shifts and solidify its global competitive standing. SentinelOne Layoffs: Cybersecurity Firm to Reduce Global Workforce by 10% Amid Intense Rivalry and Focus on Profitability.
Amdocs maintains a global workforce of approximately 29,000 employees, with around 5,000 personnel based at its Israeli development centres. While the company has not provided specific details regarding the exact timing or locations of the cuts, it has indicated that the review process remains in the formulation stage. Management noted that as part of this broader organisational review, the strategic importance of the company’s Israeli operations is expected to be reinforced.
Amdocs Layoffs Previous Rounds
This latest announcement follows a series of staff reductions implemented by Amdocs over the past five years as it has navigated changing market demands. In 2023, the firm executed two major rounds of layoffs that impacted approximately 2,700 positions globally. These measures were followed by further reductions in 2024, involving over 1,500 roles, and an additional series of cuts throughout 2025. CRED Layoff Rumours: Viral Social Media Post Alleges Fintech Giant of 'Silent' 30% Tech Team Cuts; Spark Debate.
Industry observers suggest that the recurring nature of these layoffs reflects an effort to maintain agility within a rapidly evolving telecommunications software market. Amdocs has consistently maintained that these changes are necessary to ensure the company remains aligned with global technology trends and customer expectations. Despite the ongoing uncertainty for staff, the company maintains that these organisational adjustments are a fundamental part of preparing the firm for its next phase of growth and technological development.
(The above story first appeared on LatestLY on May 29, 2026 10:50 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
