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Covid-19 Cutbacks

20 stories about Covid-19 Cutbacks
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In the Covid-19 Era, These Companies Choose Reassignment Over Layoffs

18.05.20|Maayan Manela
As the financial crisis brought on by the pandemic brings many companies to let skilled personnel go, many opt to utilize their existing workforce in new ways, hoping to preserve it for the day after coronavirus
מימין עדי עזריה workiz מיכל צור kaltura דויד דריי Anodot גיא ניצן Intsights

“A Layoff Strategy Costs Money, Recruiting Workers Afterward is Expensive”

12.05.20|Naomi Zoreff
The heads of Anodot, IntSights, Kaltura, and Workiz speak about running companies during a crisis at Calcalist and Google’s Startup Week conference
ילד דגל ישראל אנשים

Israeli Startups Urgently Need a Government Aid Package to Prevent Layoffs

10.05.20|Tal Barnoach and Arik Kleinstein
VC partners call on the state to allocate a billion dollars to save the tech startup ecosystem and tens of thousands of jobs
התעשייה האווירית לוד לוגו

Hundreds of Israel Aerospace Industries Employees Told to Stay Home Until July

10.05.20|Udi Etzion
The workers will receive 80% of their salary, with 12.5% being an advance payment they will have to pay back upon their return to work
ראיון עבודה מבחן מועמדים

Covid-19 Ended the Heyday in the Israeli Tech Job Market

10.05.20|Maayan Manela
Hundreds of applicants for each position and senior managers who are taking pay cuts; recruiters and HR managers reveal the new norms in the newly competitive job seeking scene
מוסף 50 הסטארטאפים המבטיחים מימין רועי ביק ירון עברון ניר ארז מייסדי מוביט moovit

Winners and Losers of the Week: Moovit Walks Away With the Win

08.05.20|Elihay Vidal
A selection of this week's winners and losers by CTech's Editor
Here ליעד יצחק מנהל חטיבת מוביליטי

Mapping Company HERE Puts Dozens of Employees in Israel on Unpaid Leave

07.05.20|Meir Orbach
The company’s Israeli operation employs 250 people and develops smart mobility management systems for taxi companies, cultural institutions, enterprises, and private individuals offering transportation or shuttle services
אלון ליפשיץ' שותף מייסד בקרן ההון סיכון הנקו ונצ'רז

The Current Crisis Offers a Golden Opportunity for Startups

04.05.20|Alon Lifshitz
As Covid-19 shatters longstanding practices, venture capitalist Alon Lifshitz highlights three questions every investor should be asking their portfolio startups
ראיון עבודה 3

5 HR Executives Share What it Takes to Get Hired During the Covid-19 Crisis

04.05.20|Maayan Manela
From Monday.com to Facebook, some companies in Israel manage to avoid layoffs and are even recruiting new employees. With video chat interviews and remote onboarding processes, the pandemic is transforming the entire hiring process
עסק קטן הקמת עסק סטארטאפ תוכנית עסקים קטנים 2

Israeli Startups Should Not be Bailed Out

03.05.20|Adam Fisher, Rona Segev, Arnon Dinur, Michael Eisenberg
Prominent local investors say the government should hold back on a proposed loan program that would primarily benefit investors and founders, rather than employees
יואל בר אל

Israel-based Trax Lays Off 120 Workers in Wake of Covid-19 Hardships

03.05.20|Meir Orbach
CEO Joel Bar-El calls it a "sad day" for the retail analytics company that saw substantial growth in 2019
מיתון האטה שפל כלכלי קורונה

What Does ‘Most Promising’ Mean When it Comes to Startups in the Covid-19 Age?

01.05.20|Hagar Ravet and Meir Orbach
Calcalist reporters Hagar Ravet and Meir Orbach break down the considerations for compiling this year’s list of Israel’s top 50 startups
קנאביס רפואי מריחואנה כנס כלכליסט

It’s Not Easy Being Green: Cannabis Company Syqe to Fire 10% of Workforce

26.04.20|Meir Orbach
Manufacturer of medical marijuana inhaler firing 10 workers, sending 10 more on unpaid vacation
חיפוש עבודה קורונה מסיכה מחשב

Winners and Losers of the Week: Welcome to the New, ‘New-Normal’

24.04.20|Elihay Vidal
The trickle of layoffs in the Israeli tech sector is threatening to very quickly become a flood and indicates that the ‘new-normal’ will be very different and darker than even the relatively bright-eyed present we’re experiencing
לשכת התעסוקה ב תל אביב אבטלה מובטלים דורשי עבודה מיתון

62% of Israeli Tech Employees are Worried About Their Job Security

23.04.20|Elihay Vidal
Nearly 30% of employees noted there were already layoffs in the company they work for, and 60% said that they are expecting additional layoffs in the next months due to the pandemic
Elbit Systems Aerial Firefighting אלביט אש

Elbit Places 300 Employees on Unpaid Leave

23.04.20|Meir Orbach, Tzally Greenberg
Israeli defense contractor says it is applying a balanced and precise approach to minimize the effects of the coronavirus crisis on the company
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Israeli Surveillance Company Verint Reduces Employees’ Wages and Sends Others on Unpaid Vacation

23.04.20|Meir Orbach
The company is sending dozens of employees from its Israeli offices on unpaid leave
גיא בלוך שיחת ועידה בנק הפועלים

Bringg to Layoff 10% of Employees in Israel

23.04.20|Meir Orbach
CEO Guy Bloch changes his tune after telling Calcalist earlier this week that “while other companies are cutting back we found ourselves shifting up a gear”
סייסנס רוכשת את פריסקופ

Israeli Tech Companies Sisense and Singular Firing Scores of Employees

23.04.20|Meir Orbach
Software unicorn Sisense says layoff of 80 workers, 20 of them in Israel, is part of the company’s strategy for the lean times ahead
פיטורי עובד מפוטר התפטרות מפוטר פיטורין פיטורים

Struggling Tech Sector Moves From Cutbacks to Layoffs

22.04.20|Meir Orbach
The industry is seeing a spike in firings as investors urge companies to tighten their belts. After cutting back on industry-standard perks, startups are taking a further step and reducing their human capital
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