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24/7
Headlines
13:43
Full list of Israeli high-tech layoffs in 2025
13:38
Hydrogen startup Electriq Global collapses under nearly $30M in debt, despite raising $25M
11:26
PwC integrates altshare’s algorithm to streamline startup valuations
14:27
Nice beats Q4 estimates but shares plunge on weak 2025 outlook
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Insight Partners hit by cyber attack with possible data leaks
2
CyberArk’s surge, Wiz and Cato prepare for IPOs: Israeli cyber firms ready for the next big move
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Cybereason CEO accuses Mnuchin, SoftBank of forcing company toward bankruptcy
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Israel-China tech ties persist amid political tensions
5
Riskified cuts staff as struggles continue
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Firing
5 stories about Firing
Layoffs in tech: Israeli high-tech companies prefer to start abroad
27.06.22
|
Meir Orbach
Over recent years, many Israeli companies have chosen to develop their core locally while expanding the rest of the company abroad. As a result, while in recent weeks Israeli high-tech companies have laid off hundreds of employees, most of them have chosen to start overseas
Elementor laying off dozens of employees
15.06.22
|
Meir Orbach
The total number of staff members that will be leaving the company is estimated to be around 50-60, most of them from the marketing department
Cybereason laying off 100 employees in Israel, U.S. and Europe
01.06.22
|
Meir Orbach
Earlier this year, Cybereason, which is backed by SoftBank's Vision Fund 2 and former U.S. Treasury Secretary Steven Mnuchin's investment firm, confidentially filed for a U.S. initial public offering that could value it at more than $5 billion
Delivery startup Avo firing 500 employees as part of company restructure
01.05.22
|
Meir Orbach
Avo, which has raised $80 million to date, will sack around two thirds of its staff after deciding to close a significant part of its residential activity and focus on deliveries to offices and companies
Bauer Media shutting down Camilyo less than three years after acquiring the Israeli startup
05.04.22
|
Meir Orbach
The German media conglomerate notified Camilyo’s 80 employees that they are all being fired, with Bauer planning to end all local activity within one year