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Layoffs
20 stories about Layoffs
SolarEdge to embark on massive layoffs, cutting 900 jobs amid sharp drop in revenue
21.01.24
|
Almog Azar
The renewable energy company, which has seen its valuation fall by 80%, is expecting its revenues in the fourth quarter of 2023 to be 55% lower than the third quarter, which were themselves 27% less than the second quarter
Gambling group 888 cuts dozens of jobs in Israel as part of global layoffs
11.01.24
|
Meir Orbach
The Gibraltar-based company laid off dozens of employees in Israel last January as well
Playtika cutting 300-400 jobs in new round of layoffs
11.01.24
|
Allon Sinai
The gaming company is reducing its headcount by another 10% after laying off around 900 employees in 2022
Business intelligence unicorn Sisense sacking 13% of workforce in second round of layoffs in six months
11.01.24
|
Meir Orbach
Sisense has seen its team shrink by half since 2022, with 60 jobs now set to be cut after 100 employees were let go last July
Unity laying off another 25% of workforce
09.01.24
|
Meir Orbach and Reuters
Unity Israel, formerly ironSource, is set to cut dozens of jobs as part of the layoffs. This is the fourth round of layoffs the company has conducted since July 2022
Frictionless retail startup Trigo laying off 15% of team
04.01.24
|
Meir Orbach
The computer vision company that develops infrastructure for autonomous retail stores and retail analytics is cutting 30 jobs
Cyber unicorn Orca Security laying off 15% of workforce
03.01.24
|
Meir Orbach
Orca, which has raised $640 million to date and was last valued at $1.8 billion, is parting ways with around 60 employees
AnGes laying off 110 EmendoBio employees three years after $250 million acquisition
20.12.23
|
Meir Orbach
The Japanese pharma company notified the employees of the Israeli firm that they are being fired and the future of the company's technology is unclear at this point
Medical device company Insightec laying off 100 employees, 20% of workforce
19.12.23
|
Golan Hazani
The Israeli company has developed a platform that focuses on sound waves, guided by MRI, to provide tremor treatment to patients with medication-refractory essential tremor and Parkinson's disease
eBay cutting almost 10% of Israeli workforce in second round of layoffs this year
17.12.23
|
Meir Orbach
The e-commerce giant is laying off around 20-25 of its 250 employees in Israel after already firing dozens in February
Software development startup Incredibuild laying off 20% of workforce
05.12.23
|
Meir Orbach
The Israeli company, which raised $35 million in Series B funding in June 2022, is cutting around 40 jobs
Toga Networks, Huawei's R&D center in Israel, lays off 20 employees
15.11.23
|
Meir Orbach
The layoffs come in the wake of the company's decision to close its storage division. Toga Networks employs about 500 people in its offices in Hod Hasharon
Meta laying off employees in metaverse-oriented Reality Labs division
04.10.23
|
Reuters and CTech
Reality Labs has significant activity in Israel, which could potentially also be hit by the layoffs
Cyber insurtech unicorn At-Bay lays off almost 10% of workforce
12.09.23
|
Meir Orbach
At-Bay, which raised a $205 million Series D in 2021 at a valuation of $1.35 billion, is parting ways with 27 employees
Forescout closing Israel R&D center
06.09.23
|
CTech
The Israeli-founded cybersecurity company is laying off its remaining 40 employees in the country
Ford shutting down SAIPS project responsible for developing autonomous vehicles
05.09.23
|
Meir Orbach
The entire SAIPS team, numbering dozens of employees, will be laid off
Nexar cuts 14% of team in third round of layoffs
04.09.23
|
Meir Orbach
The AI computer vision company laid off another 17 employees and has reduced its headcount by over 30% in the last 10 months
AI startup Datagen on verge of closure after laying off almost all remaining workforce
22.08.23
|
Sophie Shulman
The emergence of generative AI significantly hurt the Israeli company and led to major layoffs already three months ago, as well as negotiations with Meta for a potential acquisition, which never came to fruition
StreamElements sacking over 35% of workforce in third round of layoffs
17.08.23
|
Sophie Shulman
The Israeli startup is cutting 60 of 160 jobs after previously laying off 20% of the team last June and another 40 employees in January of this year
Dealtale shut down by Vianai one year after being acquired
09.08.23
|
CTech
All 70 employees of the Israeli startup, which was purchased for around $20 million last May, were notified they are being laid off
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