Israeli gaming co. Moon Active laying off up to 100
Moon Active, led by founder and CEO Samuel Albin has operated for years without public relations campaigns and media interviews.
Israeli mobile games company Moon Active is reportedly implementing a round of layoffs in which between 50 and 100 employees will leave. The unicorn, with about 2,500 employees worldwide, is one of Israel's most secretive and profitable companies.
Moon Active, led by founder and CEO Samuel Albin has operated for years without public relations campaigns and media interviews.
Its lead game Coinmaster is responsible for an estimated astronomical annual revenue of $2 billion, with the company striving to repeat the success with other games.
The company is now undergoing a streamlining process, having not made any significant cuts throughout the war and in all likelihood that the company is currently shedding layers of dead wood that have accumulated. Sources believe that there are many layoffs of freelancers.
Reports about layoffs at Moon Active have also come from the company's other centers around the world. In Lithuania, for example, a local media outlet reported that 20 employees changed their LinkedIn status to "job seeking," most of whom worked in an office based on the acquisition of local startup Melsoft Games.