XURA, Formley Comverse, Lets Go 130 Employees

November 8 2015 | XURA, formerly known as Comverse, will lay off 130 employees, according to Calcalist. The Israeli software company acquired Acision earlier this year, changed its name to Xura in September, and has since embarked a company-wide restructuring plan to return to growth and profitability. According to the agreement, employees will receive generous severance, and the company agreed not to lay off more employees by 2017.