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Layoffs

20 stories about Layoffs
אמנון שעשוע מ מייסדי מובילאיי ו

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  
מוסף חג העצמאות 25.4.23 מימין דני פרידלנד ו יואב וילנר מייסדי Walnut

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
ליאור סוסן ברייט משינס

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
מטה חברת מדטרוניק בעיר ברמפטון קנדה

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
מכשיר ספירת דם נייד של Sight

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
מימין יובל סמט מנכ"ל רייזאפ RISEUP ו תמרה הראל כהן מייסדת וסמנכ"לית צמיחה רייזאפ

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
ראיון עבודה חיפוש עבודה

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
Fabric's robotic logistics center

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
מייסדי איידנטיק מימין אורי ארד איתי לוי עידו שילון

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
משרדי סייבריזן

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
מפעל אורבוטק ביבנה

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
מימין מנכ"ל אינטל העולמית פט גלסינגר ונשיא ומנכ"ל מובילאיי אמנון שעשוע

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
מובילאיי אינטל Mobileye

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
נהיגה מרחוק בכלי רכב לוגיסטי שנע בתוך מחסן

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
ד"ר נועם ברזיס וד"ר זוהר ברונפמן מייסדי Pecan

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
חלל עבודה מתחם BE ALL

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”
יאיר-אמסטרדם-מנכל ורביט

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
מנכ"ל מליו מתן בר וסמנכ"ל הטכנולוגיות אילן אטיאס

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
מימין שי באב"ד מנכ"ל שטראוס אלעד קומיסר סמנכ"ל פיתוח עסקים בקבוצת שטראוס ו יהונתן ברגר מנכ"ל חממת הקיטשן בחממת הפודטק של שטראוס

Foodtech incubator The Kitchen faces uncertain future after Strauss cuts investments

26.02.24|Nurit Kadosh
Three of the incubator’s seven employees have been laid off, while the CEO and CBO have seen their roles reduced, after Strauss decided to halt its investments
פרויקט הסטארטאפים 2019 riskified עידו גל

Riskified laying off 6% of team as growth stutters

14.02.24|CTech
The fintech company is parting ways with over 40 employees, with CEO Eido Gal explaining that despite the company’s best efforts to grow its revenue while reducing spending, it requires a faster process to reach its EBITDA targets
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