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Layoffs

20 stories about Layoffs
סאסן גודארזי מנכל אינטואיט

Israeli employees among 715 fired by financial software giant Intuit

24.06.20|Meir Orbach
The company's CEO, Sasan Goodarzi, announced in a letter to the employees that Intuit will be cutting 7% of its workforce worldwide, laying off 715 people in total
מוסף שבועי 26.9.19 בני לנדא במפעל Lusix ב רחובות

GM’s ‘people-first’ approach was what made Indigo successful, says founder

10.06.20|Golan Hazani
A day after news broke of longtime general manager, Alon Bar-Shany’s resignation, the man who first recruited him sung his praises
בוט רובוט בינה מלאכותית

Robo-journalists will not protect human rights and free speech, says media expert

05.06.20|Maayan Manela
AI is great at making connections and finding patterns but is weak when it comes to the high-level creativity humans are capable of, says researcher and author Noam Lemelshtrich Latar
אלכס זילברמן AnyVision

Face Recognition Startup AnyVision Continues Layoff Spree

13.05.20|Meir Orbach
The layoffs follow Microsoft's investment arm M12's divestment of its stake in the company in March
מריוס נכט 2

Swiss Mobile Banking Startup Numbrs Lays Off 50% of Employees

11.05.20|Meir Orbach
According to the statement issued by the company, a financing round that was already signed did not end up coming to fruition, leading to 62 of the company’s employees getting laid off
ראיון עבודה מבחן מועמדים

Covid-19 Ended the Heyday in the Israeli Tech Job Market

10.05.20|Maayan Manela
Hundreds of applicants for each position and senior managers who are taking pay cuts; recruiters and HR managers reveal the new norms in the newly competitive job seeking scene
עסק קטן הקמת עסק סטארטאפ תוכנית עסקים קטנים 2

Israeli Startups Should Not be Bailed Out

03.05.20|Adam Fisher, Rona Segev, Arnon Dinur, Michael Eisenberg
Prominent local investors say the government should hold back on a proposed loan program that would primarily benefit investors and founders, rather than employees
לשכת התעסוקה ב תל אביב אבטלה מובטלים דורשי עבודה מיתון

62% of Israeli Tech Employees are Worried About Their Job Security

23.04.20|Elihay Vidal
Nearly 30% of employees noted there were already layoffs in the company they work for, and 60% said that they are expecting additional layoffs in the next months due to the pandemic
Yossi Carmil co-CEO יוסי חברת סלברייט

Digital Intelligence Company Cellebrite Prepares for Widespread Cutbacks

12.04.20|Meir Orbach
The company also intends to cut the salaries of employees company-wide by 10%, and reduce the salaries of executives and board members by 20-30%
הראל טייב קריון Kryon

Enterprise Bot Startup Kryon Raises New Round, Continues to Lay Off Employees

06.04.20|Meir Orbach
Despite securing new funding, the company recently let several dozens of its 160 employees go because of the coronavirus pandemic
זיהוי פנים ריגול מעקב פרטיות

Face Recognition Startup AnyVision Places Dozens of Employees on Unpaid Leave, Report Says

31.03.20|Meir Orbach
Video surveillance news website IPVM reported earlier this month that AnyVision attributed the decision to the Covid-19 crisis. Microsoft’s investment arm M12 announced Friday it is divesting its stake in the Israeli company
מימין אילן טוויג ו אריאל כהן טריפאקשנס

TripActions Lays Off Hundreds of Employees

26.03.20|Meir Orbach
TripActions offers a business travel management service that aims to save companies money on their employees’ work-related trips
Office workers wearing masks

Over a Third of Israeli Tech Companies Consider Layoffs due to Coronavirus

16.03.20|Hagar Ravet
A fifth of Israeli tech companies expect to miss their annual budget targets for 2020 due to the coronavirus (Covid-19) epidemic, according to new data by Israel’s Viola Group
קורונה סין תחנת רכבת ב- Guangdong Province ביום 3.2.20

Travel Booking Startup Bookaway Warns of Layoffs, Citing Coronavirus

12.03.20|Meir Orbach
Bookaway announced to its employees that it plans to begin a process of cuts that will include, among other things, lowering salaries and laying off some of its employees
Airspan Networks איירספאן ישראל איירפורט סיטי

Airspan Networks Lays Off Dozens of Employees in Israel

08.01.20|Meir Orbach
The company’s local outpost was founded in 1999 as RDC Communications and was acquired by Airspan Networks in 2002
וויוורק ירושלים WeWork

WeWork to Lay Off Dozens of People in Israeli R&D Center

21.11.19|Meir Orbach
Nearly 70 of the company’s employees in the country, most of them on its development team, were called in for pre-layoff hearings on Thursday
ג'ול Juul סיגריה אלקטרונית

Juul’s U.S. Troubles Lead to Cuts in its Israeli Operations

20.11.19|Adrian Filut
The e-cigarette maker, which is facing increasing difficulties in the U.S. due to its popularity among teens and a mysterious lung illness connected to vaping, has recently announced the layoffs of 16% of its global workforce as part of a reorganization
דייב וייסר שחר וייסר מייסד ו מנכ"ל גט gett

Gett Shuts Down Juno, Announces Collaboration With Lyft

18.11.19|Meir Orbach
Gett acquired New York-based Juno in 2017 for $200 million, but repeated reports of Gett’s attempt to sell it due to high expenses have been popping up since 2018
חללי עבודה wework ניו יורק

WeWork Lays Off Employees in New York

08.11.19|Hagar Ravet
New York-based employees of the coworking real estate company were called into a meeting Thursday, where some were handed notices
חללי עבודה wework ניו יורק

WeWork to Cut 2,000 Jobs by End of Month, Report Says

06.10.19|CTech
The co-working company is cutting its workforce following its catastrophic IPO attempt, Bloomberg reported Thursday
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