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Layoffs

20 stories about Layoffs
אינטל

Intel reportedly plans to cut thousands of jobs as early as this month

12.10.22|Reuters and CTech
According to Bloomberg News, the giant chipmaker is planning to cut costs in the face of a slowdown in the personal computer market. Intel-owned Israeli artificial intelligence chip developer Habana Labs announced on Tuesday that it was laying off around 100 employees
שבב Greco של אינטל הבאנה לאבס

Intel's Habana Labs lays off 10% of workforce

11.10.22|Raphael Kahan
The decision comes as Intel is reportedly planning a major reduction in headcount, likely numbering in the thousands
מימין אנסטסיה לוין איילת מבור עמית בר שי

The layoff payoff: "Getting let go came as a surprise, but it only helped my career”

02.10.22|Maayan Manela
At a time when many companies are announcing downsizing, we talked to three people for whom the layoffs were a turning point in their careers. "It's great fun to be on the other side when you can say in retrospect that everything was for the best, but when you go through it, the job search doesn't feel optimistic"
יואל בר אל יור ומייסד Trax

“There was a correction, but no one should be shedding tears for anyone in high-tech”

28.09.22|Maayan Manela
Retail analytics company Trax raised a $640 million Series E last year but still ended up laying off over 100 employees three months ago. Co-founder Joel Bar-El explains why
דייב הנדרסון, מנכ"ל חדש של DayTwo

Healthtech startup DayTwo laying off dozens of employees

15.09.22|Meir Orbach
The Israeli startup's solution for metabolic disease aims to improve health outcomes and reduce or eliminate prescription medications
אדם סינגולדה מייסד מנכ"ל טאבולה

Taboola laying off 6% of workforce, a total of over 100 employees

13.09.22|Sophie Shulman and Meir Orbach
Founder and CEO of the digital advertising platform Adam Singolda sent a letter to the employees announcing the cutbacks, which include a plan to reduce costs by $38 million
יוני וסרמן ועמית רפופורט קומפיט

Compete cuts a quarter of its workforce six months after raising $15 million

12.09.22|CTech
The Israeli startup is parting ways with 11 of its 39 employees from its HR, marketing, and sales departments
Firebolt Eldad _alt Saar

Cloud data unicorn Firebolt fires dozens of employees

07.09.22|Meir Orbach
The Israeli company raised $100 million at a $1.4 billion valuation earlier this year
אביגדור וילנץ מייסד ויו"ר הבאנה לאבס

Chip startup Xsight Labs axing dozens of employees

07.09.22|Meir Orbach
The Israeli company has raised upwards of $100 million in three rounds led by Israeli tech entrepreneur Avigdor Willenz, Intel, and Microsoft
אפליקציה סנאפ Snap

Snap sacks dozens of employees in Israel, to close Herzliya R&D center

04.09.22|Meir Orbach
The social media giant’s activity in Israel was built around the acquisitions of AR startup Cimagine and Voca.ai, which was acquired for around $70 million in November 2020
הנפקת היפו Hippo בורסה ניו יורק

Hippo Insurance lays off 70 employees, cutting 10% of workforce

01.09.22|CTech
The shares of the Israeli-founded insurtech company fell by almost 6% on Wednesday, reducing the company’s market cap to $555 million
עמי אברהמי עמית הלר Veev

Real estate platform Reali shutting down operations

24.08.22|Meir Orbach
The Israeli-founded startup raised a $100 million Series B just one year ago
תוכנת ריגול פגסוס NSO

After cutbacks and CEO departure, what’s next for the controversial NSO?

22.08.22|CTech
The surveillance firm, which makes Pegasus software, has been contending with legal action after allegations that its tools were misused by governments and other agencies to hack mobile phones
שלו חוליו על רקע משרדי NSO במושב ספיר

NSO lays off 100 employees, CEO Shalev Hulio to step down

21.08.22|Meir Orbach
The much-maligned offensive cyber company will be parting ways with around 15% of its workforce, while long-standing CEO Hulio will focus on the sale of the company, which has been under intense scrutiny since last year for the sale of its Pegasus hacking tool
מייסדי Anywell

Startup anywell reduces workforce by 50% as part of company restructure

14.08.22|Meir Orbach
The Workspace-as-a-Service platform for a hybrid work model has laid off 11 additional employees as it continues its restructuring which began following a $10 million Series A in March
מתחם BE ALL חלל עבודה הייטק

Survey: More than half of Israeli high-tech companies expect an increase in activity in the coming year

14.08.22|Adrian Filut
A survey by the Central Bureau of Statistics, which examined the expectations of company managers in the high-tech sector, found that over 40% of high-tech companies expect to hire more employees in the coming year
מטה חברת Wix וויקס תל אביב

Wix announces $150 million cost-cutting plan as bragging backfires

11.08.22|Sophie Shulman
Just three months ago the company's CEO boasted on social media that the only cuts he will be making will be in the brand of alcohol at the company, but this week it already announced the laying off of 100 employees
מליו מייסדים

Fintech unicorn Melio fires 60 employees

09.08.22|Meir Orbach
The Israeli company raised $250 million at a $4 billion valuation last year, but said that due to a shift in product priorities it will be parting with 60 team members across its sales and customer success team
הנפקת קלטורה

Kaltura cuts 10% of workforce as growth stalls and takeover looms

09.08.22|Sophie Shulman
The Israeli-founded video creation and distribution company is laying off 80 employees, 30 of them in Israel
משרדי חברת Wix וויקס תל אביב

Wix laying off 100 employees

09.08.22|Meir Orbach
This will be the second significant cost cut by the company since it announced its intention to reduce expenses earlier this year, with Wix parting with several dozen employees when it closed its subsidiary Wix Answers in June
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