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Layoffs

20 stories about Layoffs
מיכה קאופמן מנכ"ל Fiverr

Fiverr fires 60 employees as part of a refocus on core business

26.07.22|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
מירב אורן מנהלת מרכז הפיתוח של אשוריון בישראל ו תומר דביר ממייסדי סולוטו

So long, Soluto: A worrying trend as Israel-based R&D centers fall victim to tech giant cutbacks

25.07.22|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
קנדה קורונה עובדי בריאות נערכים לערוך בדיקות קורונה למגיעים לנמל תעופה ב טורונטו

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
צוות סולוטו 2022

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
מרכז אמזון ב לונדון

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
עובדי vimeo וימאו

Vimeo slashes workforce by 6%, including in Israel R&D center

21.07.22|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 team

Zencity cuts 20% of workforce

20.07.22|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
רונן סמואל מנכ"ל קורנית דיגיטל

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
צוות Lusha

Unicorn Lusha lets go of 10% of employees

18.07.22|Meir Orbach
The Israeli company will be parting ways with 30 employees eight months after raising $205 million at a $1.5 billion valuation
מוסף עצמאות 28.4.20 מייסדי פבריק Fabric

Retail technology unicorn Fabric laying off over 120 employees

13.07.22|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
עובדי נקסט אינשורנס NEXT INSURANCE

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”
CEO David Drai Anodot דויד דריי

Anodot lays off more than a quarter of its workforce

06.07.22|Meir Orbach
The business monitoring company is parting ways with 35 of its 129 employees
מגזין עצמאות 4.5.22 עמי גל מנכל ושותף מייסד SQREAM

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
מימין בועז כץ ערן בן שושן ו אלון אלרואי מייסדי חברת ביזאבו bizzabo

Bizzabo axes almost 30% of employees

05.07.22|Meir Orbach
The event planning platform will lay off 120 of its 400 employees as it prepares for an extended downturn in business
מגזין עצמאות 4.5.22 תום ליבנה ועובדי ורביט

Verbit to layoff 10% of its workforce, eight months after $250 million funding round

05.07.22|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
יוני אסיא מנכ"ל ומייסד איטורו על רקע המשרדים של חברת אי טורו eToro בבני ברק

eToro laying off 100 employees, officially announces termination of SPAC

05.07.22|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
Lightricks co-founders

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
צלזיוס מימין אלכס משינסקי ו דניאל לאון

Ailing crypto lender Celsius to lay off a quarter of its employees

03.07.22|Meir Orbach
The American-Israeli company is parting ways with around 150 employees as it continues to look for a way out of a crisis that saw it pause all withdrawals from its platform three weeks ago
מייסדי Snyk סניק אסף חפץ דני גרנדר ו גיא פודחרני

Snyk laying off 30 employees less than a year after raising $530 million

03.07.22|Sophie Shulman
The cybersecurity unicorn announced that it would be making organizational changes despite reaching a valuation of $8.5 billion last year and raising a total of $830 million in 2021
קומפלקס המשרדים O-TECH

Parallel Wireless set to lay off a quarter of its employees in Israel

29.06.22|Meir Orbach
Around 60 of 250 employees are set to leave the American company, which was founded in 2012 and set up its R&D center in Israel six years later
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