Tech Crisis 2022

20 stories about Tech Crisis 2022
ד"ר נועם ברזיס וד"ר זוהר ברונפמן מייסדי Pecan

Predictive analytics platform Pecan AI parts with a quarter of its employees

The Israeli company, which raised a $66 million Series C one year ago, is laying off 30 of its 120 employees
מוסף עצמאות 14.4.21 גל שאול ו סער יוסקוביץ' מיסדיי Augury

Unicorn Augury laying off 5% of team

04.01.23|Meir Orbach
The mechanical diagnostics platform provider, which raised $180 million in October 2021, is cutting 20 jobs
הנפקת קלטורה

Kaltura cuts 11% of workforce in another round of layoffs

04.01.23|Sophie Shulman
The video creation and distribution company already laid off 10% of its team five months ago

Salesforce sacking 10% of global workforce

04.01.23|Meir Orbach
The software giant is expected to lay off dozens of employees in Israel as part of the cutback plan
מטה אמדוקס רעננה

Amdocs cuts 700 jobs, 3% of workforce

02.01.23|Sophie Shulman
Despite coming off an excellent year in which its share price climbed in contrast to the rest of the tech market, Amdocs decided to begin 2023 with cutbacks
וול סטריט ירידות שערים

The year of Black Swans: Over $30 trillion lost on global stock markets in 2022

01.01.23|Sophie Shulman
Sentiment is expected to remain negative in the first half of 2023, but a recovery may begin in the second half in anticipation of the halt in interest rate hikes
מימין ירון ויצנבליט שותף וראש אשכול הייטק ב PWC טדי ורדי שותף באינסייט יודפת הראל בוכריס מנהלת השעות בבלאמברג ו אביחי מיכאלי יועץ השקעות ומיזוגים

"A panic sale of high-tech companies will begin in the second half of 2023"

28.12.22|Sophie Shulman
The big question of 2023 is what will win out - the need to make investments or fear?
צוות AVO

After the hangover of 2022, the real pain for high-tech will come in 2023

26.12.22|Sophie Shulman
The big test of the upcoming year, which will decide which companies survive the crisis and perhaps get stronger and which will be closed or sold, will not be in capital raising but in business
Brodmann17 ברודמן 17 מייסדים מימין אמיר אלוש עדי פנחס ו אסף מושינסקי

Computer vision startup Brodmann17 facing liquidation

25.12.22|Meir Orbach
Former employees have filed a request with the Tel Aviv District Court, claiming they are owed money after the company shut down earlier this month
Maya Pizov Amiti

“Good companies do hire, and good people will find interesting opportunities”

21.12.22|Elihay Vidal, James Spiro
Among a slew of tech layoffs, Amiti Ventures offers some insights into what companies and employees can expect next year
מימין גל גיטר ו ניקול פריאל שותפים מנהלים ב קרן ה השקעות   אייבקס ibex

What has history taught us about how to handle next year’s tech turbulence?

20.12.22|Elihay Vidal, James Spiro
Gal Gitter, Partner and Managing Director at Ibex Investors, has joined CTech for its 2022 VC Survey series to predict trends in the year ahead.
משרדי אינטל 2

Intel Israel lays off dozens of employees as part of global cutbacks

15.12.22|Meir Orbach
Following the decision to implement cutbacks announced two months ago, Intel told each of its global centers that they are required to reduce their expenses
פלייטיקה חברת משחקים הרצליה פיתוח

Playtika confirms lay off of 610 employees, 15% of team

12.12.22|Meir Orbach
The gaming giant announced it is making significant cutbacks, which will include redeploying staff, winding down non-core initiatives and consolidating studios
רכב אוטונומי מבפנים

Computer vision startup Brodmann17 closes down

Almost 30 employees were laid off after the crisis forced the six-year-old startup to cease its operations
מוסף שבועי 28.10.21 שלטי חוצות של דרושים חברת פלייטיקה

High-tech layoffs are in full swing with no respite in sight

11.12.22|Meir Orbach
The race to complete layoffs before the end of the year is set to see many more employees lose their jobs in the coming weeks
רוברט אנטוקול מייסד ומנכ"ל פלייטיקה עם לוגו החברה

Playtika to part with 500 employees next week

09.12.22|Meir Orbach
The gaming giant is expected to lay off between 12-15% of its workforce after already firing 250 employees in May
מייסדי ארמיס מימין: יבגני דיברוב ו נדיר יזרעאל

Cybersecurity unicorn Armis axes 25 employees

08.12.22|Meir Orbach
The Israeli company, which raised $300 million at a $3.4 billion valuation one year ago, will be parting with 3.5% of its team
מימין דימה פוטחין ו רוב גור-זאב CyCognito

Cybersecurity startup CyCognito cuts 15% of jobs

08.12.22|Meir Orbach
The Israeli company is laying off around 30 employees one year after raising $100 million at an $800 million valuation
בן וולקוב  מייסד משותף ומנכל Otonomo

Otonomo ousts almost 50% of its remaining workforce

08.12.22|Sophie Shulman
The autotech company has lost over 95% of its value since going public via a SPAC merger at a $1.26 billion valuation
סלולארי אפליקציה ווייז וויז waze

Google merges Waze and Maps teams to cut costs

08.12.22|Reuters and CTech
Waze employs over 500 people, a significant number of which are based out of Israel. Google said it didn’t expect any layoffs as part of the reorganization