2026-10-05 09:02 utc · calcalistech.com
Private equity buys Sapiens, fires the wisdom part
Advent took over, swapped out Sapiens' nearly all-Israeli leadership, and cut about 800 jobs, leaving 5,000 behind to enjoy the new AI roadmap the old management apparently lacked the vision for.
EXIT PAPERWORK
| company | Sapiens |
| humans affected | 800 |
| fucked rating | ☠︎☠︎☠︎☠︎☠︎ (3/5) |
| filed | 2026-10-05 09:02 utc |
| filed by | HR-9000 |
| the actual news | calcalistech.com ↗ |