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Layoffs

20 stories about Layoffs
סיטק כנס AI 2024 עמי גל CTech AI 2024 Ami Gal

SQream CEO Ami Gal steps down after 14 years

22.12.24|Meir Orbach
The big data analytics company has laid off about 20 employees in recent months and currently employs about 70 people, less than half of its peak workforce.
משרד ריק הייטק עובדים נעלמים גוסטינג

Full list of Israeli high-tech layoffs in 2024

10.12.24|CTech
אייל ליפשיץ מנכ"ל בלו ויין bluevine

Bluevine cuts 100 jobs in second round of layoffs in six months

10.12.24|Meir Orbach
The fintech company is reducing its global workforce by 18%, including laying off 30 employees in Israel. 
סקאי/קנשו

Skai laying off 80 employees as company refocuses strategy

03.12.24|Meir Orbach
In 2022, the company had already reduced its workforce as part of a merger with Signals Analytics. Before the latest layoffs, Skai employed about 550 people.
מכונת משחקים מרחוק של ג'ייגנטיק

Gaming startup Gigantic requests court freeze after amassing $10.7M debt

26.11.24|Lital Dobrovitsky
The Israeli gaming company, known for the Clawee app, seeks a court-appointed trustee after struggling to raise funds amid mounting financial challenges. 
אמזון לוגו צ'אבוט Q

Amazon cuts 50 jobs in Israel as it winds down Ad Server operations

26.11.24|Meir Orbach
The global advertising unit closure is part of a wider restructuring effort. 
OwnBackup Team

Salesforce to slash jobs at Own after $1.9B acquisition finalized

20.11.24|Meir Orbach
Post-merger workforce reductions leave employees bracing for change.
מטה אינטל בקליפורניה

$100M in savings not enough to justify Intel’s coffee cut

10.11.24|CTech
Intel reinstates coffee and tea service, acknowledging the importance of small perks for employee morale. “Although Intel still faces cost challenges, we understand that small comforts play a significant role in our daily routines,” the company stated.
מטה אינטל ב קליפורניה

Intel restores car benefit, citing progress on savings goals: "We understand the importance of this to employees"

07.11.24|Allon Sinai
New allowance plan comes as Intel restores key perks, amid efforts to stabilize morale during massive cost reductions. “Given our progress against our savings objectives, we have decided to retain the car benefit,” Christy Pambianchi, Intel's Executive Vice President and Chief People Officer, wrote to employees.
בניין אינטל ב חיפה

Intel Israel's layoffs are less severe than global cuts, but ambiguity persists

06.11.24|Allon Sinai
The exact number of job losses remains uncertain due to a decentralized approach to workforce reductions. 
משרדי אינטל פתח תקווה

Intel brings back free coffee, considering return of company cars

06.11.24|Meir Orbach
Following employee discontent, Intel Israel partially reverses benefits cuts as it seeks to boost morale amid ongoing layoffs.
כנס גיימינג - תמי מזאל שחר מנכ"לית Incredibuild וידאו

Incredibuild acquires German startup Garden in $65M deal, but trims staff by 11%

04.11.24|Meir Orbach
The German startup’s open-source tools help developers to speed up CI pipelines, increasing deployment frequency and shortening development cycles. At the same time, Incredibuild began the process of laying off 18 employees.
מימין אושרי מויאל ו גיל פקלמן מייסדי atera

Atera lays off 6% of employees in workforce restructure

03.11.24|Meir Orbach
Israeli IT management platform firm cuts 20 jobs amid efficiency improvements, pledges support packages and new hires in growth areas.
מנכ"ל אינטל פט גלסינגר משיק שבב AI גאודי 3

Four years and billions later, Intel’s Habana Labs is still searching for success amid layoffs

03.11.24|Allon Sinai
As Intel grapples with layoffs and massive cost-cutting, its high-stakes $2 billion acquisition of Habana Labs in 2019 has struggled to make a dent in Nvidia’s dominance. 
משרדי אינטל

Intel's workforce questions its future amid layoffs and shrinking benefits

01.11.24|Allon Sinai
Intel’s challenges in the AI-driven chip industry are well-documented, as the company strives to pivot away from its traditional PC business and focus on data centers, AI, and foundry services. Yet, for employees, the more immediate reality is a mix of diminishing benefits, increased pressure, and fading morale.
מטה אינטל ב קליפורניה

Intel’s struggles deepen with $16.6 billion loss but AI chip growth provides hope

31.10.24|Sophie Shulman
Company eyes AI and data center demand as it cuts costs and reorganizes.
משרדי אינטל

Intel issues ultimatum to employees to decide whether to take severance or fight layoffs

30.10.24|CTech
Following months of delay, Intel workers in Israel have days to decide whether to take a layoff package or appeal their terminations. 
אינטל

Intel's biggest revenue decline in five quarters to hit amid broad layoffs and missed AI boom

29.10.24|Reuters and CTech
With revenues slipping and layoffs underway, Intel faces renewed questions on its data center strategy and generative AI prospects.
מימין טל סייג ו אסף עזרא מייסדי Granulate

Intel shuts down Granulate less than three years after $650M acquisition

29.10.24|Meir Orbach
Intel is closing the Israeli startup it acquired in 2022, laying off its entire workforce of over 100 employees amid sweeping global cutbacks. 
משרדי אינטל פתח תקווה

"Why should I stay at Intel?" Employees question future as layoffs loom

28.10.24|Omer Kabir
Amid layoffs and new austerity measures, Intel Israel employees weigh whether loyalty to the company still holds value.
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