Overview
- The company is eliminating about 250 roles, roughly 30% of its workforce, after reporting 762 employees at the end of last year.
- CEO Micha Kaufman framed the shift as a return to startup mode with a flatter structure and an AI-focused technology infrastructure.
- Fiverr said it does not expect near-term effects on marketplace operations and plans to reinvest part of the savings into AI capabilities.
- Departing employees will receive severance packages and extended health insurance, according to Kaufman.
- Shares fell following the announcement, and coverage placed the move within a broader pattern of AI-driven restructurings across the tech sector.