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Layoffs

20 stories about Layoffs
טד ליווינגסטון מנכ"ל KIK

Kik Considers Shutting Down Messaging App

23.09.19|Meir Orbach and Hagar Ravet
The 70 employees of Kik’s Israeli cryptocurrency subsidiary Kin received layoff notices Monday
קנאביס רפואי מריחואנה כנס כלכליסט

Israeli Cannabis Company BOL Lays Off 20 Employees

05.09.19|Tzally Greenberg
In June, BOL backed out of its planned IPO on the Toronto Stock Exchange after failing to secure its target valuation
נמרוד שפר מנכל התעשייה האווירית

Israeli Defense Contractor IAI to Lay Off Hundreds of Employees

22.07.19|Amitay Gazit
A previous agreement with the workers’ union, which expires in August, saw the state-owned company lay off 830 people and cut pay by 4%
מוסף 50 הסטארטאפים המבטיחים 11.5.16 רמי טמיר ו בני שניידר יזמים ובעלי חברת ראבלו סיסטמס RAVELLO

Oracle Shuts Down Operations of Israeli Subsidiary Ravello

14.07.19|Meir Orbach
The announcement comes a month after Oracle started laying off dozens of Ravello employees
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Electronics 3D Printer Company Nano Dimension to Lay Off 20% of Employees

08.07.19|Micky Grunfeld
Nano Dimension develops and manufactures 3D printers for electronic components, with customers in the defense, automotive, consumer electronics, semiconductor, aerospace, and medical industries
אורקל הייטקיסט

Oracle Laying Off Dozens of Employees in Israel

18.06.19|Meir Orbach
The cutbacks will affect workers employed by Oracle’s local cloud applications subsidiary Ravello, which it acquired in 2016 for $430 million
אלגוסק algosec יובל בר און

Data Security Company AlgoSec to Lay Off Dozens of Employees

27.05.19|Meir Orbach
AlgoSec develops data security management software used for enterprises and lists Microsoft, General Motors, Unilever, British Petroleum, and Sony as clients
נתיבי איילון נחסמו לשני הכיוונים בגלל עלייה במפלס המים נתיבי איילון מכיוון עזריאלי

IBM to Lay Off Dozens of Employees in Tel Aviv Development Center

23.05.19|Hagar Ravet
IBM currently employs some 2,000 people in five locations in Israel, and the downsizing is part of a global reorganization push the company is undergoing
איתי פזנר מנכ"ל 888 משחקים מקוונים הימורים

Online Gambling Company 888 to Lay Off 45 Israeli Employees

13.05.19|Meir Orbach
The London-listed company employs 600 people in Israel, out of 1500 global employees
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Customer Engagement Company Como Lays Off 45 Employees

03.04.19|Meir Orbach
Como touts Burger King, Papa John’s, and Dairy Queen as customers
מגדל עזריאלי שרונה

Gambling Company Ladbrokes Coral to Shut Down Tel Aviv Office

03.04.19|Meir Orbach
The company’s 140 employees in Israel will either be let go or offered relocation to one of the company’s global offices
מוסף arm שבב מעבד

Arm to Let Employees Go as Part of Global Re-Alignment of its IoT Group

03.04.19|Hagar Ravet
The company is currently in the process of laying off several dozen Israeli employees, according to one person familiar with the matter
מובייק בישראל Mobike

Mobike’s International Pullout Currently not Affecting Israel, Says Local Operator

10.03.19|Raphael Kahan
On Friday, Techcrunch reported that the Chinese bike-sharing company has laid off its operations teams in Singapore, Malaysia, Thailand, India, and Australia
שאנטאנו נריין מנכ"ל אדובי

Adobe Closing Israeli R&D Center, Letting Employees Go

06.03.19|Meir Orbach
Adobe gained ownership of the center in Tel Aviv following its 2018, $4.75 billion acquisition of marketing software developer Marketo
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PayPal Cutting Workforce in Israel As Part of Global Reorganization

04.03.19|Meir Orbach
The company has summoned 30 of its 250 Israeli employees for a pre-termination hearing on Monday
איירובוטיקס רחפנים Airobotics

Airobotics Shuts Down Israel Manufacture Line, Lays Off 20 Workers

25.02.19|Hagar Ravet
In November, the Israel-founded industrial drone maker announced it was relocating to Scottsdale, Arizona
מנכ"ל איביי ישראל מוטי אליאב

EBay Israel Laying Off Dozens of Employees

27.06.18|Meir Orbach
In January, the company announced its intention to hire 100 new employees
יו"ר ועד עובדי טבע כפר סבא אלירן קוזליק

In Protest of New Bonus Plan, Teva Sued by Israeli Employees

15.03.18|Dror Reich
After announcing the cancellation of its annual bonuses for 2017 due to debt, the Israel-based drugmaker rolled out a performance-based bonus scheme for 2018 in February
וורן באפט 2017 ברקשייר האתוויי

Berkshire Hathaway Takes Position in Generic Drugmaker Teva

15.02.18|Lilach Baumer
The holding company disclosed a $358 million stake in the struggling company
פריימרי דאטה פלין ווזניאק primary data Flynn Wozniak

Primary Data Burned Through Nearly $100 Million, Pivoting from Software, to Hardware, to Software

24.01.18|Orr Hirschauge and Hagar Ravet
After aiming to develop the one data storage system “to rule them all,” the company recently suspended operations after four years in the running
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