HoneyBook Cuts 14% of Workforce in AI Restructuring, Mostly in Israel

HoneyBook has disclosed a restructuring that cuts about 14% of its workforce, roughly 30–35 of its 255 employees, with most affected staff based in Israel. The company develops business-management software for small businesses and independent service providers in the United States. HoneyBook says it is reorganizing its structure and workflows for the AI era while integrating AI into its products, describing the move as strategic and undertaken from financial strength. Departing employees will receive support and favorable severance terms, and their stock-option validity has been extended.