PandoLogic Lays Off Employees Ahead of Merger Two Years After Acquisition
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TheMarker reported layoffs at PandoLogic in June 2023. PandoLogic, the Israeli company that developed AI technology for employee recruitment, executed a round of firings two years after its sale. The layoffs occurred ahead of a merger with another company in the manpower sector, whose acquisition was announced the previous day. PandoLogic was acquired by Veritone in July 2021 for $150 million.