Playtika cuts 15% of workforce as part of “larger adjustment to cost structure”

Playtika will reduce its headcount by 15% as part of restructuring plans projected to cost between $12 million to $15 million.

As detailed in a SEC filing published yesterday (January 14, 2026), the decision was made “as part of a larger adjustment to its cost structure and reallocation of resources within its portfolio of games.”

More than 450 people could be affected by job cuts. There are currently over 3,000 employees at Playtika globally.

The company expects to complete this restructuring plan during the first quarter of 2026.

In an email sent to employees (featured in the SEC filing), Playtika CEO Robert Antokol described the decision as reflecting “a fundamental shift” in how the firm operates.

“For years, we operated with a broad growth mindset, applying similar resourcing models across our portfolio of games,” wrote Antokol. “The economic reality of our industry has shifted.”

“If we do not adjust our cost structure today, we compromise our ability to invest in tomorrow. We cannot afford to resource mature titles at historical levels while simultaneously trying to build a new future. By right-sizing our investments across our portfolio, we unlock the resources needed to fund our high potential growth games.”

As a result, Antokol said Playtika is “moving away from headcount-heavy operations to streamlined teams powered by AI and automation.”

He added that overall, “a leaner structure allows Playtika to offer better compensation, clearer career paths, and a winning culture for the team that remains.”

This is the fourth round of mass layoffs at Playtika since June 2022, when 250 employees were let go as it closed its Montreal, Los Angeles, and London offices.

The following December, the company terminated more than 600 workers, which also included the cancellation of three titles in its pipeline.

In January 2024, Playtika reduced its headcount by a further 10%, resulting in the redundancies of up to 400 people. A few months later, it terminated the roles of chief revenue officer and chief operating officer as part of streamlining efforts.

Playtika’s most recent round of layoffs occurred last June, where it reportedly cut “as many as 160 jobs” affecting teams in Poland and Israel.