Fireblocks to Lay Off 7% of Workforce Amid Visa Acquisition Rumors
Israeli firm Fireblocks is laying off more than 60 employees amid reports of potential acquisition talks with payments giant Visa.
Israeli company Fireblocks is laying off more than 60 employees, accounting for approximately 7% of its workforce, Calcalist and CTech reported today.
According to the reports, the move and the staff reduction come amid recent rumors of an acquisition of the company by global payments giant Visa.
At this stage, no official announcement has been made by either company confirming the acquisition talks, and further details regarding the layoffs have not yet been released.