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Layoffs
20 stories about Layoffs
Volunteering platform Vee lays off 30% of workforce
31.07.22
|
CTech
Vee’s platform hosts a wide range of volunteering opportunities, enabling HR teams to find, coordinate, and share charity events
Marketing platform Skai sacks scores of employees
27.07.22
|
Sophie Shulman
The Israeli company, formerly known as Kenshoo, is laying off around 30 employees, making up about 4% of its workforce
Outbrain to oust 38 employees after losing 75% of its market cap in a year
26.07.22
|
Sophie Shulman
The internet recommendation platform will be laying off around 3% of its workforce
Fiverr fires 60 employees as part of a refocus on core business
26.07.22
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Sophie Shulman
The NYSE-traded and Israeli-founded online gig marketplace will be laying off around 8% of its workforce. Fiverr shares have fallen by 66% in 2022 and by almost 90% from their peak at the start of 2021
So long, Soluto: A worrying trend as Israel-based R&D centers fall victim to tech giant cutbacks
25.07.22
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Meir Orbach
Despite going through the classic route for Israeli high-tech startups, Soluto, which was purchased by American tech giant Asurion in 2013, was unable to survive the wave of cutbacks ravaging the industry. Sadly, Soluto won't be the only Israeli company to experience such a fate
AID Genomics closing Israeli R&D center, firing 400 employees
24.07.22
|
Meir Orbach
The global company rose to prominence in Israel over recent years following its activity in the Covid-19 testing market, but has decided to cut back its local workforce due to differences with the Ministry of Health
Asurion shutting down Israel R&D center Soluto, lays off all 120 employees
24.07.22
|
Meir Orbach
Soluto was acquired by the U.S. company in 2013, but will be closing as part of a reorganization being taken on by Asurion
The warehouse robotics startups revolutionizing retail
24.07.22
|
Noa Gadot
E-commerce growth, lack of human capital and better automation capabilities have created a need for superior fulfillment capabilities. These four Israeli startups are stepping up to the challenge and changing retail logistics for the better
Vimeo slashes workforce by 6%, including in Israel R&D center
21.07.22
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Meir Orbach
The video hosting, sharing, and services platform will be parting ways with around 70 employees in total, including about 10 of its 120 employees in Israel
Zencity cuts 20% of workforce
20.07.22
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Meir Orbach
The Israeli startup, which provides community insights and an analytics platform for state and local governments, will be parting ways with around 30 employees
Kornit Digital laying off dozens of employees after share price crashes
20.07.22
|
Yuval Azulay
The Israel-based maker of industrial inkjet printers for the garment industry has seen its stock fall by over 80% since the start of the year
Unicorn Lusha lets go of 10% of employees
18.07.22
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Meir Orbach
The Israeli company will be parting ways with 30 employees eight months after raising $205 million at a $1.5 billion valuation
Retail technology unicorn Fabric laying off over 120 employees
13.07.22
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Meir Orbach
Fabric reached a $1 billion valuation just this past October when it raised $200 million, but will now be parting ways with a third of its staff
Insurtech unicorn Next Insurance nixes 17% of workforce
07.07.22
|
Meir Orbach
The company is laying off 150 employees, mostly in the U.S., explaining that “we must shift focus towards profitability”
Anodot lays off more than a quarter of its workforce
06.07.22
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Meir Orbach
The business monitoring company is parting ways with 35 of its 129 employees
SQream slashes over 15% of workforce
06.07.22
|
Meir Orbach
The data analytics startup is laying off 30 of its 170 employees in order to help it reach a balanced bottom line
Bizzabo axes almost 30% of employees
05.07.22
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Meir Orbach
The event planning platform will lay off 120 of its 400 employees as it prepares for an extended downturn in business
Verbit to layoff 10% of its workforce, eight months after $250 million funding round
05.07.22
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Meir Orbach
Most of the total of around 80 layoffs will be of employees in the U.S., with 30 employees from Israel leaving the company
eToro laying off 100 employees, officially announces termination of SPAC
05.07.22
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Sophie Shulman
The trading platform is currently in advanced negotiations for a private funding round for between $800 million and $1 billion, at a $5 billion valuation
Unicorn cutbacks: Lightricks to lay off 80 employees - 12% of workforce
04.07.22
|
Sophie Shulman
Lightricks is the latest in a growing list of unicorns to lay off employees despite having hundreds of millions of dollars in their account, joining the likes of Cybereason, Trax, and Snyk
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