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Layoffs

20 stories about Layoffs
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
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
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