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Layoffs
20 stories about Layoffs
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
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
Kaltura cuts 11% of workforce in another round of layoffs
04.01.23
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Sophie Shulman
The video creation and distribution company already laid off 10% of its team five months ago
Salesforce sacking 10% of global workforce
04.01.23
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Meir Orbach
The software giant is expected to lay off dozens of employees in Israel as part of the cutback plan
Amdocs cuts 700 jobs, 3% of workforce
02.01.23
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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
After the hangover of 2022, the real pain for high-tech will come in 2023
26.12.22
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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
Computer vision startup Brodmann17 facing liquidation
25.12.22
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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
HR on the chopping block: “When I received a layoff email I was shocked"
19.12.22
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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
Intel Israel lays off dozens of employees as part of global cutbacks
15.12.22
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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
Playtika confirms lay off of 610 employees, 15% of team
12.12.22
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Meir Orbach
The gaming giant announced it is making significant cutbacks, which will include redeploying staff, winding down non-core initiatives and consolidating studios
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
High-tech layoffs are in full swing with no respite in sight
11.12.22
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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
Game over? Playtika layoffs are just tip of the iceberg for gaming giant
11.12.22
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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
Playtika to part with 500 employees next week
09.12.22
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Meir Orbach
The gaming giant is expected to lay off between 12-15% of its workforce after already firing 250 employees in May
Cybersecurity unicorn Armis axes 25 employees
08.12.22
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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
Cybersecurity startup CyCognito cuts 15% of jobs
08.12.22
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Meir Orbach
The Israeli company is laying off around 30 employees one year after raising $100 million at an $800 million valuation
Otonomo ousts almost 50% of its remaining workforce
08.12.22
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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
Unhappy new year: High-tech HR budgets signal 2023 will open with layoffs
07.12.22
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Maayan Manela
"Companies are waiting until after the holidays, but the big blow will be in the first and second quarters of the year," said Sivan Avihud, founder of Link2USA
Cybersecurity unicorn Perimeter 81 parts with 8% of team six months after raising $100 million
06.12.22
|
CTech
The startup, which reached a $1 billion valuation in its Series C in June, is laying off 20 of its 250 employees
Startup Santa to sack most of its employees
05.12.22
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Sophie Shulman
“With a heavy heart we decided that we need to take a few steps back, reduce our burn to near-zero, and use the next few months to completely rethink our direction,” wrote CEO Roee Adler
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