Amdocs laying off hundreds of employees due to AI
Amdocs, an Israel-based tech giant with operations across various countries, is reportedly planning to lay off a significant workforce amid adoption of AI. Amdocs set to cut 1,500-3,000 jobs in new round of layoffs. The upcoming Amdocs layoffs round is expected to affect hundreds of employees as the company could establish GenAI & Data division soon integrating all its departments.