After IPO: Tidhar to lay off 50 employees in efficiency drive

The Tidhar Group has announced a restructuring of its headquarters that will include efficiency measures and the dismissal of approximately 50 employees, just four months after its initial public offering (IPO). The move is in line with the strategy and work plans the company presented ahead of the IPO.According to the company's announcement, the initiative aims to strengthen control over the value chain, sharpen its business focus and improve organizational efficiency. As part of the restructuring, Tidhar will merge divisions, reduce management layers and adapt its organizational structure to support future growth. The announcement also signals the company's intention to demonstrate that it is following through on its commitment to improve efficiency.Before the IPO, Tidhar employed approximately 1,100 people, most of them in construction and project execution.