Image via Business Insider
Angi: Layoffs
Angi is cutting around 350 jobs in January 2026 to reduce operating expenses and optimize organizational structure. Savings of $70-80 million annually anticipated. Moves cited as related to AI-driven efficiency improvements.
Source: Business Insider
The leadership read
Workforce moves like this mark the contracting side of the sector hiring conditions.
Market context: the MitchelLake Talent Market Index reads 114.6 — Hot (+16.3 vs prior month); EMEA signal share is easing (-3.5pts).
MitchelLake in this thematic
From the MitchelLake archive
More signals across EMEA
Layoffs · EMEA
Pleo →Pleo laid off approximately 50 staff members last week across its Offering teams (product, tech, design, data roles), with majority being engineering and data roles including senior-level positions. This follows 100 layoffs in the previous year. Around 300 people worked in these teams before cuts. Staff impacted across Denmark, UK, and Germany.
Layoffs · EMEA
Kyndryl →Kyndryl is conducting multi-country workforce rebalancing with a $200 million severance charge. In the UK alone, at least 100 employees expected to leave through voluntary redundancy with 4-month pay packages, with compulsory redundancies to follow if targets not met. Affects small percentage of 73,000-person workforce.
Strategic Hiring · EMEA
Opentext →OpenText announced €105 million investment in Cork and Galway, Ireland to create 400 jobs. New Cork Centre of Excellence for EMEA will focus on agentic AI, sovereign cloud, and cyber resilience R&D.
Leadership Change · EMEA
Novo Nordisk →Novo Nordisk disclosed a data breach affecting patient information from clinical trials, indicating potential security governance gaps that typically trigger C-suite accountability and reorganization
Product Launch · EMEA
Sennheiser →Sennheiser brand announced MOMENTUM 5 Wireless, a new premium portable audio product featuring high-fidelity sound and spatial audio capabilities, representing a product refresh in the competitive premium audio market.
Restructuring · EMEA
Avanti Communications →Avanti Communications is divesting its Hylas-3 satellite payload to reduce geostationary exposure and close out its debt-fueled GEO expansion strategy