Playtika Implements 15% Workforce Reduction in Cost Structure Overhaul

Playtika is set to downsize its workforce by 15% as part of a broader effort to reorganize its cost structure and optimize resource allocation across its game portfolio, with projected costs ranging from $12 million to $15 million. According to a recent SEC filing dated January 14, 2026, this move is intended to facilitate a more significant adjustment in the company's cost structure and reallocation of resources. The layoffs are expected to affect over 450 employees, out of a global workforce of more than 3,000. The company aims to complete this restructuring process within the first quarter of 2026. In an internal email to employees, included in the SEC filing, Playtika CEO Robert Antokol described the decision as a reflection of a fundamental shift in the company's operational approach. Antokol explained that the company had previously operated with a broad growth mindset, applying uniform resourcing models across its game portfolio. However, he noted that the economic reality of the industry has changed. "If we fail to adjust our cost structure now, we risk compromising our ability to invest in the future," Antokol wrote. "We cannot afford to allocate resources to mature titles at historical levels while trying to build a new future. By optimizing our investments across our portfolio, we can unlock the necessary resources to fund our high-potential growth games." As a result, Antokol stated that Playtika is transitioning away from headcount-heavy operations towards more streamlined teams powered by AI and automation. He added that this leaner structure will enable Playtika to offer better compensation, clearer career paths, and a winning culture for the remaining team members. This marks the fourth round of mass layoffs at Playtika since June 2022, when 250 employees were let go due to the closure of its Montreal, Los Angeles, and London offices. In December of the same year, the company terminated over 600 workers and canceled three titles in its pipeline. In January 2024, Playtika reduced its headcount by a further 10%, resulting in the redundancies of up to 400 people. A few months later, it eliminated the roles of chief revenue officer and chief operating officer as part of its streamlining efforts. The company's most recent round of layoffs occurred in June of last year, where it reportedly cut as many as 160 jobs, primarily affecting teams in Poland and Israel.