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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
Cultivated meat startup Aleph Farms lays off 30% of staff
05.06.24
|
Shani Ashkenazi
The difficulty in securing significant investment over the past year, coupled with a marked decrease in investor interest in alternative protein and cultivated meat, led to the layoffs
Fintech company Pagaya cutting around 20% of workforce in second round of layoffs
05.06.24
|
Sophie Shulman
The Nasdaq-traded firm is laying off 100 employees in total and is continuing to reduce its presence in Israel
OrCam cuts almost half of workforce in second round of layoffs in four months
03.06.24
|
Sophie Shulman
Amnon Shashua’s startup is laying off 100 employees, primarily in marketing and sales, four months after cutting 50 jobs
Walnut cuts 20% of workforce in another round of layoffs
29.05.24
|
Meir Orbach
The Israeli startup’s team has been reduced by around 50% since it started cutting jobs last year
Bright Machines closing Israel R&D center
27.05.24
|
Meir Orbach
The robotics company has gradually cut its team in Israel over recent years and is now shutting its center down completely
Medical device giant Medtronic laying off 3% of Israeli workforce as part of global cutbacks
12.05.24
|
Meir Orbach
The majority of the employees being laid off in Israel will be from Mazor Robotics, which Medtronic acquired in 2018 for $1.6 billion
Blood testing startup Sight Diagnostics lays off 30% of team
09.05.24
|
Meir Orbach
Sight Diagnostics, which has raised a total of $124 million to date, is parting ways with around 40 employees
Fintech startup RiseUp, that helps customers control expenses, cuts 50% of workforce
30.04.24
|
Viki Auslender
The company, which is reducing its staff by around 50 people, offers a technology-based solution that helps customers control their expenses and save money
From high-tech to sales floor: Tech veterans find new paths amid job market turmoil
15.04.24
|
Maayan Manela
Amid the economic downturn brought on by global layoffs, inflation, last year’s judicial overhaul, and Israel’s ongoing war with Hamas, many high-tech workers have been unable to find work in their field and have been forced to take menial positions
Retail tech startup Fabric firing 15% of workforce in second round of layoffs
11.04.24
|
Meir Orbach
After cutting 150 jobs in July 2022, the Israeli company is planning to lay off another 30 employees
Cyber startup Identiq to lay off almost half of its workforce
01.04.24
|
Meir Orbach
The Israeli company, which raised a $47 million Series A three years ago, is cutting around 20 of 45 jobs
Cybereason crisis continues with dozens of jobs to be cut in third round of layoffs
20.03.24
|
Meir Orbach
After being on the verge of an IPO in 2021, Cybereason has since seen its CEO resign, hundreds of employees get laid off, all while experiencing a 90% drop in value from $3 billion to $300 million
Orbotech laying off over 100 employees after closing flat panel display division
19.03.24
|
Sophie Shulman
The Israeli company is a subsidiary of KLA Corporation after being acquired for $3.4 billion five years ago
Mobileye still searching for light at the end of the tunnel despite layoffs
19.03.24
|
Sophie Shulman
The autonomous vehicle company laid off 130 people after closing its aftermarket division
Mobileye closing aftermarket division, laying off 130 employees
18.03.24
|
Meir Orbach
The unit that provides retrofitted advanced driver assistance technology has seen its revenues decline meaningfully to roughly $40 million on an annual basis, and in recent years has not positively contributed to Mobileye profitability
Remote driving startup Phantom Auto announces closure, lays off over 100 employees
13.03.24
|
Meir Orbach
The company employed dozens of workers in Israel and had raised approximately $95 million to date
Pecan AI parts ways with a third of its workforce in second round of layoffs
12.03.24
|
Meir Orbach
The startup is laying off approximately 30 employees, meaning that in a little over a year it has gone from around 130 employees to about 60
Dozens laid off after Totango and Catalyst merge
07.03.24
|
Meir Orbach
One week after the Israeli and American companies announced they would merge, they are initiating significant cutbacks due to an “overlap in roles and functions”
Verbit cutting dozens of jobs in third round of layoffs
05.03.24
|
Meir Orbach
The move comes one month after company President Yair Amsterdam was named Acting CEO, replacing long-time CEO Tom Livne
Fintech unicorn Melio laying off 7% of workforce
04.03.24
|
Meir Orbach
This is the second round of layoffs at the startup. The vast majority of the people being let go are based in Israel, with the company summoning about 40 employees from the local branch to a hearing on Monday
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