Ukrainian product company Reface is laying off 35% of its workforce. The decision will affect 60 employees, the company announced the news on its LinkedIn.
- Reface explained its decision by the need to reach profitability since January 2025 and to continue investing in the development of innovative AI applications.
- The reduction was a forced step after two years of experimentation and the launch of seven new products. Despite significant successes, some hypotheses did not meet expectations, which impacted the need for optimization.
- Reface, known as the developer of a viral face-swapping application, has transformed into a multi-product AI company. Representatives of the company expressed their gratitude to the employees, who made a significant contribution to the company's development.
The Ukrainian technology sector is experiencing a wave of optimization caused by economic conditions and the need to adapt to market realities. In addition to Reface, other well-known Ukrainian technology companies have announced layoffs, including Grammarly, airSlate, and MacPaw.
