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
Is Cellebrite (CLBT) Quietly Redefining Its Competitive Moat With Expanded Forensics and Cloud Testing? - simplywall.st
simplywall.st • Apr 12
Cellebrite DI stock hits 52-week low at $11.76 - Investing.com
Investing.com • Apr 10
Cellebrite DI (NASDAQ:CLBT) Reaches New 1-Year Low - Here's Why - MarketBeat
MarketBeat • Apr 10
Cellebrite: A Rare SaaS Play Where AI Is A Tailwind, Not A Threat (NASDAQ:CLBT) - Seeking Alpha
Seeking Alpha • Apr 6
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
Data aggregated from public sources including WARN notices, SEC filings, press releases, and news reports. While we strive for accuracy, information is provided "as-is" for informational purposes only. Always verify critical information with official sources.
This information does not constitute investment, financial, legal, or career advice. See our Terms of Service, Privacy Policy, and About page for more information.
Found an error? Report it here.