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Posted on September 20, 2022

Compete cuts a quarter of its workforce six months after raising $15 million

Compete cuts a quarter of its workforce six months after raising $15 million

Israeli startup Compete is laying off 11 of its 39 employees, more than a quarter of its workforce, Calcalist has learned. Compete raised a $15 million Series A led by Tiger Global just this past March.
Compete has offices both in Israel and the U.S. and employees will be laid off in both sites from the HR, marketing, and sales departments.