Layoff Details
- Reason
- Cellebrite underwent restructuring and organizational adjustments following its $170 million acquisition of Corellium. This strategic move aims to align roles and capabilities with the company's new vision, expanding its digital forensic capabilities into virtualization and moving beyond traditional physical device extraction methods. The layoffs are a proactive decision to adapt to evolving technological objectives and integrate Corellium's advanced Arm-based virtualization software, rather than a response to financial distress.
- Affected Locations
- Israel
Stock Performance Around Layoff
Sources (4)
1
2
Cellebrite Completes Acquisition of Corellium, Extending the Industry's Most Advanced AI-Powered Digital Investigation Platform
GlobeNewswire (Cellebrite DI Ltd.) • December 2, 2025 95% credible
3
Cellebrite completes $170M Corellium purchase, announces layoffs amid restructuring
Ctech • December 3, 2025 90% credible
4
Cellebrite Acquires Corellium for $170M: A Game-Changer in Digital Forensics | AI News
AI News (OpenTools.ai) • December 3, 2025 85% credible
Recent Cellebrite DI Ltd. News
Does Cellebrite DI (CLBT) Offer Value After Recent Share Price Weakness? - Yahoo Finance
Yahoo Finance • Feb 22
Cellebrite DI (CLBT) Is Down 11.7% After Strong 2025 Profit Rebound And 2026 Guidance Update - simplywall.st
simplywall.st • Feb 25
Cellebrite DI Ltd (CLBT) Stock Price Up 5.75% on Feb 24 - GuruFocus
GuruFocus • Feb 24
Cellebrite DI (NASDAQ:CLBT) Reaches New 12-Month Low - Here's What Happened - MarketBeat
MarketBeat • Feb 23
Stock Price
$17.84
CLBT
↓ -1.05% day
Company Info
- Website
- www.cellebrite.com
- Industry
- Software - Infrastructure
- Sector
- Technology
- Headquarters
- Petah Tikva, Israel
- CEO
- Mr. Thomas E. Hogan
- Employees
- 1,167
Event Snapshot
Employees Affected 20
Percent of Workforce 3.6%
Verification VERIFIED
No other canonical layoff events recorded for this company.
Financials
Market Cap $4.51B
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