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Layoffs

20 stories about Layoffs
מדפסת של טוויין Twine Solutions

Twine Solutions cuts a third of its workforce

05.01.23|Meir Orbach
The company, which develops digital thread and yarn dyeing technology, is laying off 30 employees in total
דוד גוברין דוד סוסנה Personetics

Fintech company Personetics lays off 30 employees, 8% of team

05.01.23|CTech
The Israeli firm raised $85 million from Thoma Bravo last January
פיטורים בהייטק מפוטר מפוטרים

2022’s layoffs were just the promo: The real pain for high-tech is coming in 2023

05.01.23|Sophie Shulman, Meir Orbach
High-tech companies laid off 7,000 workers in Israel and 100,000 workers in the U.S. last year, but in most companies this was a move designed primarily to please investors. Now comes the real crisis
ד"ר נועם ברזיס וד"ר זוהר ברונפמן מייסדי Pecan

Predictive analytics platform Pecan AI parts with a quarter of its employees

05.01.23|CTech
The Israeli company, which raised a $66 million Series C one year ago, is laying off 30 of its 120 employees
מוסף עצמאות 14.4.21 גל שאול ו סער יוסקוביץ' מיסדיי Augury

Unicorn Augury laying off 5% of team

04.01.23|Meir Orbach
The mechanical diagnostics platform provider, which raised $180 million in October 2021, is cutting 20 jobs
הנפקת קלטורה

Kaltura cuts 11% of workforce in another round of layoffs

04.01.23|Sophie Shulman
The video creation and distribution company already laid off 10% of its team five months ago
סיילספורס

Salesforce sacking 10% of global workforce

04.01.23|Meir Orbach
The software giant is expected to lay off dozens of employees in Israel as part of the cutback plan
מטה אמדוקס רעננה

Amdocs cuts 700 jobs, 3% of workforce

02.01.23|Sophie Shulman
Despite coming off an excellent year in which its share price climbed in contrast to the rest of the tech market, Amdocs decided to begin 2023 with cutbacks
צוות AVO

After the hangover of 2022, the real pain for high-tech will come in 2023

26.12.22|Sophie Shulman
The big test of the upcoming year, which will decide which companies survive the crisis and perhaps get stronger and which will be closed or sold, will not be in capital raising but in business
עדי פנחס מייסד ומנכ"ל ברודמן17 Brodmann17

Computer vision startup Brodmann17 facing liquidation

25.12.22|Meir Orbach
Former employees have filed a request with the Tel Aviv District Court, claiming they are owed money after the company shut down earlier this month
משרדי פייסבוק בתל אביב

HR on the chopping block: “When I received a layoff email I was shocked"

19.12.22|Maayan Manela
At the beginning of the year, high-tech companies had difficulty finding recruiters to locate the necessary talents for them to meet their growth goals. But in recent months, following the crisis, recruiters and HR personnel are the first to be laid off
משרדי אינטל 2

Intel Israel lays off dozens of employees as part of global cutbacks

15.12.22|Meir Orbach
Following the decision to implement cutbacks announced two months ago, Intel told each of its global centers that they are required to reduce their expenses
פלייטיקה חברת משחקים הרצליה פיתוח

Playtika confirms lay off of 610 employees, 15% of team

12.12.22|Meir Orbach
The gaming giant announced it is making significant cutbacks, which will include redeploying staff, winding down non-core initiatives and consolidating studios
רכב אוטונומי מבפנים

Computer vision startup Brodmann17 closes down

11.12.22|CTech
Almost 30 employees were laid off after the crisis forced the six-year-old startup to cease its operations
מוסף שבועי 28.10.21 שלטי חוצות של דרושים חברת פלייטיקה

High-tech layoffs are in full swing with no respite in sight

11.12.22|Meir Orbach
The race to complete layoffs before the end of the year is set to see many more employees lose their jobs in the coming weeks
הנפקת פלייטיקה ב נאסד"ק

Game over? Playtika layoffs are just tip of the iceberg for gaming giant

11.12.22|Sophie Shulman
The company is embarking on a second round of layoffs in six months after the cancellation of the deal in which Joffre Capital was supposed to purchase 25.5% of its shares. Playtika insists there is no connection between the two
רוברט אנטוקול מייסד ומנכ"ל פלייטיקה עם לוגו החברה

Playtika to part with 500 employees next week

09.12.22|Meir Orbach
The gaming giant is expected to lay off between 12-15% of its workforce after already firing 250 employees in May
מייסדי ארמיס. מימין נדיר יזרעאל ו יבגני דיברוב

Cybersecurity unicorn Armis axes 25 employees

08.12.22|Meir Orbach
The Israeli company, which raised $300 million at a $3.4 billion valuation one year ago, will be parting with 3.5% of its team
מימין דימה פוטחין ו רוב גור-זאב CyCognito

Cybersecurity startup CyCognito cuts 15% of jobs

08.12.22|Meir Orbach
The Israeli company is laying off around 30 employees one year after raising $100 million at an $800 million valuation
בן וולקוב מייסד משותף ומנכל Otonomo

Otonomo ousts almost 50% of its remaining workforce

08.12.22|Sophie Shulman
The autotech company has lost over 95% of its value since going public via a SPAC merger at a $1.26 billion valuation
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