The Israeli Website Building Tools Company Elementor Begins Laying Off 15% Of Its Workforce

The Israeli Website Building Tools Company Elementor Begins Laying Off 15% Of Its Workforce

In reaction to the predicted downturn in global markets, Israeli business Elementor, which creates WordPress plug-ins for website design, has begun laying off 60 people, or 15% of its workforce.

The logo of Elementor on a white background with purple and black colors.

Luksenberg and Ariel Klikstein established

in 2015. The business has created a professional design plug-in for the free, open-source website content management system WordPress.

The majority of the layoffs will be in the company’s marketing department, with engineers and development employees reportedly unaffected.

Yoni Luksenberg, who serves the role of CEO and Co-Founder at Elementor, had the following to say:

Today, we make the difficult decision to say goodbye to some of our colleagues. We are in a changing global situation with rising inflation and pending recession. To ensirte the efficiency and effectiveness of our business, we are restructuring and optimizing our workforce, becoming more efficient in certain areas and continuing to grow our product offering, to secure the company’s long-term success, growth and business-goals as we plan for 2023 and beyond.

Only a few weeks ago, Elementor announced the acquisition of Jerusalem-based firm Strattic, as well as the addition of 16 personnel to its staff. Elementor plans to sell Strattic’s solution, which converts WordPress sites into JAMstack-based sites, and to promote it through its marketing operations. The device lowers the number of calls to the website’s database while also improving security.

Elementor also stated that it had secured $50 million in the previous year, increasing its total funding to $66 million, primarily from Lightspeed Venture Partners.

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