Are they in talks to join up with 3Play. A lot of the work at 3Play has disappeared and has to be going somewhere? Perhaps trying to prop up their future partner?
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Verbit cutting dozens of jobs in third round of layoffs
The move comes one month after company President Yair Amsterdam was named Acting CEO, replacing long-time CEO Tom Livne
https://www.calcalistech.com/ctechnews/article/hjfc9uvp6