Layoffs

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 Hapoalim: Up to 1,000 employees to be laid off due to coronavirus

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.

Jerusalem to layoff thousands: 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.

City of Jerusalem to layoff thousands due to lack of budget

Economists: Layoffs to Follow Minimum Wage Raise

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

Economists: Layoffs to Follow Minimum 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 Cars in November

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

Better Place Transfers Only 25 Vehicles in November

Two Large Israeli Tech Companies Announce Layoffs

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