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Layoffs

20 stories about Layoffs
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
מוסף 16.5 הון אנושי סול ג'יי בארר Sol J. Barer

After Announcing Restructuring Plan, Teva's Board of Directors Takes Paycut

11.01.18|Lilach Baumer
In December, the generic drugmaker announced a plan to let go 14,000 employees
אייל ולדמן מנכל מלאנוקס

Following Shareholder Castigation, Mellanox to Cut 100 U.S. Jobs

10.01.18|Dror Reich and Lilach baumer
On Monday, Mellanox's largest shareholder Starboard urged the company to reduce research and development costs
מוסף אנשי השנה ראש השנה בניין אי סי איי פתח תקווה eci

ECI Telecom Wins Israeli Military Contract

01.01.18|Meir Orbach
The company beat Nokia Subsidiary Alcatel-Lucent to the deal, worth tens of millions of dollars. Earlier this month ECI announced it will lay off 100 employees in Israel due to the pressures of global competition
בני לנדא מייסד לנדא לאבס

Vindication Leaves Activist Teva Investor in a Glum

22.12.17|Omer Kabir
Tech entrepreneur Benny Landa had sounded the alarm on the generic drugmaker as far back as 2013, but seeing his forecasts realized gives him no satisfaction
עובדי בחברת ECI הפגינו מול ביתו של בעל השליטה שאול שני ב כפר שמריהו

Israel’s ECI Telecom to Lay Off 6% of Workforce

21.12.17|Meir Orbach
In an email to employees, the telecom equipment manufacturer’s CEO Darryl Edwards wrote the layoffs were needed because of global competition, a decline in governmental support, and a strong shekel
עובדי טבע חוסמים את אזור הכניסה ל ירושלים

Teva CEO to Netanyahu: Layoffs will Proceed as Planned

19.12.17|Omri Milman
In a statement, the company said it rejects the Israeli government’s appeal to withdraw cutback plans
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Following Restructuring Announcements, Teva Reinstated as Israel’s Biggest Company

18.12.17|Lilach Baumer
Teva's stock jumped 18.7% on the New York Stock Exchange between Thursday market opening and Friday market close. Israeli Prime Minister Benjamin Netanyahu is expected to meet with CEO Kåre Schultz Tuesday
מנכ"ל טבע החדש קור שולץ

Teva Might Have Been Better Off as a Smaller Company, new CEO Says

17.12.17|Dror Reich
The generic drugs powerhouse is now carrying a $34.7 billion debt—a result of a $40.5 acquisition of Actavis. New CEO Kåre Schultz presented a detailed restructuring plan on Thursday
אחרי ה שביתה נתב"ג טבע פיטורים טיסות טרמינל

Tel Aviv Airport, Stock Market Open as Solidarity Strike Ends

17.12.17|Lior Gutman, Omri Milman and Micky Grunfeld
Israel’s largest labor union called for a half-day strike on Thursday, in support of Teva employees
עובדי טבע בקריית שמונה מפגינים

Employees Protest Outside Teva’s Israeli Facilities

14.12.17|Omer Kabir, Yoav Stoler and Keren-Or Grinberg
The demonstrations outside the company's facilities held Thursday foreshadow a full-out strike planned by the company’s employees for Sunday
מנכ"ל טבע החדש קור שולץ 2

Teva to Let Go 14,000 Employees Over the Next Two Years

14.12.17|Lilach Baumer
The company released a statement detailing its reconstruction plan Thursday. CEO Kåre Schultz elaborated on the plan during a call with investors
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