Layoff · Jun 30, 2026

PlaxidityX (formerly Argus) cuts 80 jobs

DateJun 30, 2026

CountryIsrael

ReasonRestructuring

IndustryCybersecurity

People affected

80

Coverage

1 source reporting this layoff. Previews load live from each site.

ctech
Former $450 million Israeli cyber exit Argus to shut down | CTech
Now operating as PlaxidityX, the automotive cybersecurity company will close its Israeli operations and lay off its remaining 80 employees as parent Aumovio restructures amid a slowing automotive market.
calcalistech.com

ctech

Former $450 million Israeli cyber exit Argus to shut down | CTech

Now operating as PlaxidityX, the automotive cybersecurity company will close its Israeli operations and lay off its remaining 80 employees as parent Aumovio restructures amid a slowing automotive market.

calcalistech.com