Nov 11, 2026
Not linked to AIInnoviz is cutting about 20% of its workforce as it streamlines its research and development and its operations; it gave no number of jobs (it had 372 employees at the end of 2025, most of them in Israel, per Globes), and it is its third cut since 2024, after about 13% in 2024 and 9% in 2025.
The reason Innoviz gave
"Innoviz is implementing a realignment of its operations to accelerate its progress toward profitability. To maximize efficiencies, the Company will streamline its R&D and operations. As a result of these actions, the Company's workforce will be reduced by approximately 20%, and the Company expects the realignment to deliver cost savings of approximately $17.5 million on an annualized basis compared to its current run rate."Innoviz, in its third-quarter 2026 results release of 11 November 2026
The release and the results call do not mention AI as a reason for the cut, and no report read (Globes, Ice, Mako, Grafa) tied it to AI; the company sets it beside a delay in engineering revenue from a car customer and its move into defence.
Source: Innoviz Technologies (press release, via PR Newswire): Innoviz Reports Third Quarter 2026 Results. Checked Nov 11, 2026.