PayPal Israel: What's the impact beyond the reported numbers?

Hey everyone, saw the news about the layoffs in Israel. CTech reported a specific number, but I'm trying to get a better sense of the actual impact. Are teams being dissolved, or is it more about restructuring and consolidating roles? I'm curious about the long-term implications for the remaining employees and the overall culture in the Israel offices. Did any specific departments or projects get hit harder than others? Trying to understand if this is a targeted reduction or a broader signal about the direction for the Israel tech hub. Any insights from those directly affected or with knowledge of the situation would be greatly appreciated. It's tough seeing this happen, especially when it's so close to home.