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 $170M: A Game-Changer in Digital Forensics | AI News
AI News (OpenTools.ai) • December 3, 2025 85% credible
Recent Cellebrite DI Ltd. News
Cellebrite DI Ltd. 2026 Q1 - Results - Earnings Call Presentation (NASDAQ:CLBT) 2026-05-17 - Seeking Alpha
Seeking Alpha • May 17
Cellebrite Q1 2026 Beat Fuels 99% Upside Case for CLBT Stock - TIKR.com
TIKR.com • May 15
Cellebrite shares slip despite first-quarter earnings beat - MSN
MSN • May 18
CELLEBRITE DI ($CLBT) Releases Q1 2026 Earnings - Quiver Quantitative
Quiver Quantitative • May 14
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
Disclaimer
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