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Nvidia on verge of completing $700 million acquisition of Run:ai
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Firing

5 stories about Firing
הייטק פיטורים משרד ריק שבוע עבודה מקוצר

Layoffs in tech: Israeli high-tech companies prefer to start abroad

27.06.22|Meir Orbach
Over recent years, many Israeli companies have chosen to develop their core locally while expanding the rest of the company abroad. As a result, while in recent weeks Israeli high-tech companies have laid off hundreds of employees, most of them have chosen to start overseas
יוני לוקסנברג מנכ"ל אלמנטור

Elementor laying off dozens of employees

15.06.22|Meir Orbach
The total number of staff members that will be leaving the company is estimated to be around 50-60, most of them from the marketing department
מייסדי סייבריזן Cybereason מימין יוסי נער ליאור דיב ו יונתן שטרים עמית

Cybereason laying off 100 employees in Israel, U.S. and Europe

01.06.22|Meir Orbach
Earlier this year, Cybereason, which is backed by SoftBank's Vision Fund 2 and former U.S. Treasury Secretary Steven Mnuchin's investment firm, confidentially filed for a U.S. initial public offering that could value it at more than $5 billion
דקל ולצר מנכ"ל AVO

Delivery startup Avo firing 500 employees as part of company restructure

01.05.22|Meir Orbach
Avo, which has raised $80 million to date, will sack around two thirds of its staff after deciding to close a significant part of its residential activity and focus on deliveries to offices and companies
אתר חברת Camilyo

Bauer Media shutting down Camilyo less than three years after acquiring the Israeli startup

05.04.22|Meir Orbach
The German media conglomerate notified Camilyo’s 80 employees that they are all being fired, with Bauer planning to end all local activity within one year