Playtika Holding Corp. 8-K

What Happened
On January 14, 2026, Playtika Holding Corp. (PLTK) filed an 8-K announcing a reduction in workforce affecting approximately 15% of current employees as part of a cost-structure adjustment and portfolio resource reallocation. The company estimates aggregate costs of about $12 million to $15 million, primarily for severance, notice-period payments where applicable, employee benefits and related costs. The actions are expected to be substantially complete during the first quarter of 2026, subject to local law requirements. CEO Robert Antokol notified employees by email (furnished as Exhibit 99.1).

Key Details

• Planned reduction: ~15% of employees, to occur in Q1 2026.
• Estimated one-time costs: $12 million to $15 million (severance, notice payments, benefits).
• Timing: Actions expected to be substantially complete in Q1 2026, subject to local laws and execution timing.
• Disclosure: CEO Robert Antokol’s employee email was furnished under Regulation FD as Exhibit 99.1 in the 8-K filed Jan 14, 2026.

Why It Matters
Investors should note the company will incur near-term cash charges of $12–15M related to the workforce reduction. While management expects operating expense efficiencies from the Plan, Playtika also intends to reinvest a substantial portion of savings into growth initiatives, so the net impact on profitability depends on the timing and scale of those reinvestments. The cost estimate and schedule are subject to assumptions and legal requirements in various jurisdictions and may change.