Gaming firm Playtika to cut 15% of workforce

Israeli gaming firm Playtika Holding said it would cut its workforce by about 15 percent as part of a restructuring, as the gaming sector faces a slowdown.
Content writing job in IndiaPlaytika, which has more than 3,700 employees, is consolidating studios and centralizing evaluation of new game concepts through its creative team at game studio Wooga.

Playtika said three current titles have been removed from the pipeline with priority toward strategic high-growth potential new games investments.

Founded in 2010, Playtika has been known for its casino-themed games and operates apps for poker and solitaire.

Playtika has more than 34 million monthly active users and its popular games include Bingo Blitz and Slotomania.

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