Around 80 employees of PlaxidityX, formerly Argus, in Israel and abroad will be gradually laid off. Its parent company said the decision came following 'market growth being slower

Around 80 employees of PlaxidityX, formerly Argus, in Israel and abroad will be gradually laid off. Its parent company said the decision came following 'market growth being slower than expected' Link Israeli automotive cybersecurity firm PlaxidityX shuts down after $450M exit Around 80 employees of PlaxidityX, formerly Argus, in Israel and abroad will be gradually laid off. Its parent company said the decision came following 'market growth being slower than expected'

Localisation: Jerusalem, Israel, Middle East
Source: Haaretz
Categorie: economy
Date: Wed, 01 Jul 2026 14:15:15 GMT