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Layoffs
20 stories about Layoffs
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
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
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
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
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%
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
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
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
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
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
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
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
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
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
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
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
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
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
EBay Israel Laying Off Dozens of Employees
27.06.18
|
Meir Orbach
In January, the company announced its intention to hire 100 new employees
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
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