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Amdocs set to cut 1,500-3,000 jobs in new round of layoffs
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Layoffs

20 stories about Layoffs
משרד ריק הייטק עובדים נעלמים גוסטינג

Full list of Israeli high-tech layoffs in 2024

18.07.24|CTech
אמדוקס פארק

Amdocs set to cut 1,500-3,000 jobs in new round of layoffs

18.07.24|Meir Orbach
The software giant is expected to lay off between 5%-10% of its global workforce
מנכ"ל סולאראדג' צבי לנדאו

Power failure: Has SolarEdge's crisis made it a takeover target?

18.07.24|Adiel Eithan Mustaki
The company's value collapsed from $20 billion to $1.6 billion in about two years, making it a potential acquisition target. SolarEdge, which has no controlling owner, announced layoffs of 400 employees, half of them in Israel, causing its stock to continue to fall.
אריאל טיגר מנכ"ל EverC

EverC laying off 10% of team

17.07.24|Meir Orbach
The company, which develops technology to prevent online fraud, is cutting around 16 of 165 jobs.
מייסדי אקווה סקיוריטי מימין דרור דוידוף ו אמיר ג'רבי CTO

Cyber unicorn Aqua axes 10% of workforce

17.07.24|Meir Orbach
Aqua, which raised $60 million at a $1 billion valuation earlier this year, is laying off around 50 employees. 
מנכ"ל סולאראדג' צבי לנדאו

SolarEdge cutting 400 jobs in second round of layoffs in six months

15.07.24|Adiel Eithan Mustaki
The struggling renewable energy company laid off 900 workers in January, approximately 16% of its workforce. The latest cutbacks will see SolarEdge part ways with around 8.5% of its remaining team.
מנכ"ל סולאראדג' צבי לנדאו

Will another round of layoffs halt SolarEdge's downward spiral?

14.07.24|Adiel Eithan Mustaki and Amir Perger
The renewable energy company, which laid off about 900 workers in January, is expected to announce the layoffs of hundreds more employees in the coming week. SolarEdge, which traded at a record value of about $20 billion two years ago and was the first Israeli company in the S&P 500, has since lost almost 90% of its value. 
מפעל סולאראדג' באזור התעשייה ציפורית

SolarEdge set to cut hundreds of jobs in second round of layoffs in six months

12.07.24|Adiel Eithan Mustaki
After seeing its market cap fall by 89% over the past year, the renewable energy company is embarking on another round of cutbacks 
CYBERPROOF

CyberProof laying off over 7% of workforce

10.07.24|Meir Orbach
The UST subsidiary is parting ways with 20 of 85 employees in Israel as part of the global cutbacks 
מחשב spacetop

AI adoption is happening and tech employees are paying the price

05.07.24|Sophie Shulman
Recent layoffs at Sightful and Lightricks are part of a larger industry shift towards AI. Tech companies need to prepare for the inevitable changes AI will bring. 
משרדי לייטריקס

Unicorn Lightricks cutting 12% of workforce in second round of layoffs

01.07.24|Omer Kabir
The company is laying off around 70 employees as it shifts its focus to GenAI products for enterprises 
הלפטופ של סייטפול

AR laptop developer Sightful laying off a third of its employees

01.07.24|Sophie Shulman
After raising over $60 million, and a month after unveiling the Spacetop G1, the Israeli startup is parting ways with 20 of around 60 employees, announcing that it is shifting its focus from hardware distribution to software distribution
משרדי גוגל תל אביב

Google shutting down biotech company’s R&D centers in Israel

29.06.24|CTech
Verily was launched in Israel in August 2021, but its approximately 30 remaining employees, based in Tel Aviv and Haifa, are being laid off following Alphabet's decision to concentrate all R&D activity in the U.S.
מטה אי ביי ישראל ב רחוב הגביש נתניה 1

eBay to lay off dozens of employees in Israel amid global restructuring

26.06.24|Meir Orbach
This is the third round of layoffs for the company in Israel and the fourth worldwide, with one round previously bypassing Israel. In the previous round, an estimated 30 employees were fired
טל יעקובסון מנכ״ל פריון

Perion embarks on layoffs after revenue takes hit

25.06.24|Sophie Shulman
The software company is eliminating 35 jobs to cut costs following Microsoft’s decision to change its advertising rules on Bing 
אייל ליפשיץ מנכ"ל בלו ויין bluevine

Fintech company Bluevine laying off 12% of Israeli workforce

20.06.24|CTech
“Israel remains and will continue to serve as Bluevine's R&D center,” the company said in response
אפליקציה מוביט ברצלונה Moovit

Mobileye’s Moovit cutting 10% of staff

19.06.24|CTech
Around 20 employees are being let go by the company, which was acquired for $1 billion four years ago
דורון סומך ו איתי דמתי מייסדי Unit

Fintech unicorn Unit lays off 15% of workforce

19.06.24|Viki Auslender
“For now, we need to focus on efficiency and account for slower than expected revenue growth,” wrote the founders of the startup, which raised $100 million in a Series C round at a $1.2 billion valuation in May 2022. Around 25 employees are estimated to be affected by the cutbacks
צ'אג chegg משרדים חילופי עובדים

Chegg shutting down Israel operations, laying off entire workforce

18.06.24|Meir Orbach
As part of a 23% cut in its global team, Chegg is closing its Israel office, resulting in the layoff of dozens of employees 
מייסדי ראפיד

Rapyd lays off dozens of employees, transferring positions from Israel to Eastern Europe, South America

18.06.24|Meir Orbach
The fintech unicorn is cutting 30 positions in Israel and is moving them abroad due to the desire to cut costs
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