Despite being in a good financial position, Amdocs has decided to cut its workforce by 3%, laying off a total of 700 employees, including 100 in Israel.
Amdocs has never been shy of making layoffs, firing around 1,000 of its 25,000 employees following the outbreak of Covid-19, including several hundred employees in Israel.
https://www.calcalistech.com/ctechnews/article/bj4shoeco