layoffs

Despite global layoffs, Israel's tech sector among the strongest

Tech companies across the world are laying off thousands by the week, but the Israeli tech sector remains a strong contender.Op-ed.

Israeli spyware company QuaDream to close

The move comes days after research found the company has customers in at least 10 countries

Amazon to lay off thousands of additional employees

Amazon announces it will axe another 9,000 roles in a second round of layoffs in recent months.

Meta to lay off another 10,000 workers

This is the second round of significant job cuts announced by the tech giant in four months.

Report:

Meta planning second round of layoffs this week

Sources say the owner of Facebook and Instagram will cut thousands of employees as soon as this week.

Yahoo to lay off more than 20% of its total workforce

The cuts are expected to impact more than 50% of Yahoo's ad tech employees.

Zoom to lay off 15 percent of its staff

The platform became a household name during the COVID-19 pandemic but has seen customers cutting back on spending.

Google to cut tens of thousands of jobs

Google's parent company, Alphabet, to cut about 12,000 jobs globally, becoming the latest tech company to announce large-scale layoffs.

Amazon layoffs hit Israel as well

Amazon employees in Israel informed they will be part of layoffs announced by the company's CEO.

Report:

Microsoft to lay off 11,000 employees

Sky News reports Microsoft is contemplating cutting roughly 5% of its workforce.

Amazon to lay off more than 18,000 employees

Amazon CEO confirms the company will lay off more than 18,000 as part of a workforce reduction it previously disclosed.

CNN announces layoffs as it 'recalibrates reporting strategy'

CNN head Chris Licht informs employees that many paid contributors will be let go as network retools.

Report:

Meta to lay off thousands of employees

Owner of Facebook, Instagram and WhatsApp planning to begin large-scale layoffs this week, sources say.

Twitter employees sue Musk after round of layoffs

After Musk announces around half of Twitter's workforce will be laid off, employees launch class action lawsuit.

Half of US firms likely to lay off workers amid recession fears

New poll shows 50% of American companies planning to trim workforces as economy dips into recession.

Pearlstone retreat center to reduce workforce by 75%

Conference and retreat center lays off full-time staff after months of managing to avoid the move.

Bank to lay off up to 1,000 employees

Bank Hapoalim announces plan to lay off up to 1,000 employees, in effort to raise efficacy and save on salaries.

About a quarter of Israel's workforce is unemployed

Alarming trend: Increase in layoffs among new job seekers, decrease in those sent on vacation without pay.

1,000 El Al employees to lose jobs

Israeli airline announces layoffs, management salary cuts in response to lower air travel due to the Coronavirus.

El Al may lay off 1,000 employees over Coronavirus

Travel restrictions, loss of costumers over fears of Coronavirus outbreak cause Israeli airline to consider laying off 1/6 of its workforce.

Cellphone giant to fire 20% of employees

Employees at cellular service giant Cellcom declare work dispute ahead of mass layoffs.

Teva CEO to Netanyahu: We will help dismissed employees

Head of struggling pharmaceutical giant refuses to budge after government demands Jerusalem factories remain open, offers to train employees

'Teva has no choice but to fire its workers'

Economist Benzion Zilberfarb tells Arutz Sheva most Teva employees will be able to find employment elsewhere, layoffs unavoidable.

Riots outside Teva's Jerusalem factory over mass layoffs

Employees burn tires, block roads as pharmaceutical giant seeks to cut 14,000 jobs.

Teva to layoff 25% of its global workforce by end of 2019

Israel drug giant Teva announces 14,000 job cuts over two years.

PM to CEO of drug giant: Minimize harm to workers

Netanyahu speaks with CEO of Teva Pharmaceutical Industries, amidst company's reported intention to cut thousands of workers in Israel.

Report: Teva set for major layoffs in Israel, US

Pharmaceutical giant reportedly preparing to sack thousands of employees in Israel and US, including one quarter of its Israeli workforce.

Pharmaceutical giant to lay off thousands worldwide

Teva lays off thousands of workers, closes six factories, after losing $6 billion.

Teva to lay off 350 employees in Israel

Teva to lay off some of its 7,000 employees in Israel it reorganizes.

City of Jerusalem to layoff thousands due to lack of budget

After receiving no government funding, City Council forced to lay off hundreds of workers at year's end with thousands more on way.

Economists: Layoffs to Follow Minimum Wage Increase

While social activists celebrate the increase in Israel's minimum wage, businesses worry about how to pay for the wage increase.

Yediot to Lay Off 150 Workers

After daily newspaper Ha'aretz announced earlier this week it would be laying off workers, it was the turn of Yediot Ahronot.

Haaretz Prepares for Latest Round of Layoffs

The newspaper prepares for its latest round of layoffs. Publisher Schocken cites 'the challenging economic environment' as reason.

Erez Vigodman Named New Teva CEO

Teva on Thursday named Erez Vigodman, 54, as new CEO of the company, after last October's controversial resignation of Dr. Jeremy Levin.

Better Place Transfers Only 25 Vehicles in November

Better Place has not been doing better in recent months, and last month the company hit its lowest point yet.

Two Large Israeli Tech Companies Announce Layoffs

Cellphone company Partner, and microprocessor designer and maker Freescale are laying off workers.