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News - Globes

Quantum computing co Q-Factor raises $24m Boaz Levy to become Israel Aerospace chair Banks' efficiency drives spark worker unrest Teva acquires Emalex Biosciences for up to $900m Gasoline prices to rise again Thursday night Deputy budget commissioner warns on �trauma economy� Israel drops key demand on Wizz Air hub Gedera house sells for NIS 5.53m Huge Crusoe Afula deal boosts Israel’s data centers sector Quantum Art extends Series A financing to $140m "Globes" poll of polls shows Beyachad brings opposition no gain Nvidia leases space for labs in Rishon Lezion Shekel-sterling rate heading below NIS 4/£ Shapir mulls buying control of Ashdod Refinery for NIS 1b Banks ask court to declare Nochi Dankner bankrupt Strong semiconductor sentiment boosts Ceva Yair Lapid and Naftali Bennett merge parties Supreme Court orders financial sanctions for draft evaders Israeli tech employees hold stock options worth NIS 150b Home price gap narrows between Tel Aviv and nearby cities Meta to lay off 100 employees in Israel EU regulator extends advisory not to fly to Israel Lyft buys Gett's London taxi-hailing operation Mobileye up sharply after beating analysts on Q1 Cyera buys Israeli startup Ryft for over $100m Israir to launch Israel-US flights in summer Ondas Israel unit to protect World Cup venues from drones Elbit awarded $200m IDF airborne munitions deal Study: IDF Talpiot program excels in producing entrepreneurs Israel's population grew 1.4% over past year
Israeli AI stock catalog co Artlist lays off 200
Assaf Gilead · 2026-06-16 · via News - Globes

The Tel Aviv-based company is laying off 200 of its 500 employees.

Tel Aviv-based AI stock catalog company Artlist has announced that it has begun hearing procedures for 200 employees who will be laid off, out of its 500 employees. The company, which in the past had mulled an IPO, added that this was a, "Strategic reorganization process in which the company will move to work in an operating model built for AI (AI-Native) with the aim of adapting the company's organizational structure to the new technological era and transforming it into a flat, fast and autonomous organizational structure.

The company added: "As part of the process, the company has initiated review procedures relating to about 200 jobs and positions, and the relevant employees have been summoned for a hearing as part of the process. The process is being implemented from a position of economic resilience and continued growth, with the company recently crossing the $300 million ARR mark and growing by 50% year-on-year. The company will provide a broad support package and favorable conditions and thanks these employees for their contribution to the company's success."

Artlist is a content company for influencers, YouTubers and marketing people in companies, which provides them with digital assets such as music clips, videos, sound effects, templates and intros. The market has been shaken up over the past two years by AI.

Published by Globes, Israel business news - en.globes.co.il - on June 16, 2026.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2026.

Artlist founders credit: Matan Portnoy

Artlist founders credit: Matan Portnoy