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Layoffs

20 stories about Layoffs
מימין סיון קריגסמן אריק גומנובסקי מיכאל דולינסקי שי מורג מייסדי ארמטיק

Cloud security startup Ermetic lays off 17% of team

23.01.23|Meir Orbach
The Israeli company, which paid tens of thousands of dollars to appear on the hit Netflix series Fauda last year, will be parting with 30 employees in total
Namogoo co-founders Ohad Greenshpan and Chemi Katz

Namogoo parting with 15% of workforce in second round of layoffs in less than three months

23.01.23|Meir Orbach
Company CEO Chemi Katz said the latest cutbacks will make the startup profitable immediately
מייסדי פאגאיה מימין אביטל פרדו יהב יולזרי ו גל קרובינר - חדש

Pagaya confirms layoff of 20% of workforce, 140 employees

18.01.23|Meir Orbach
The fintech company, which became Israel’s highest-valued company for a short time last year, expects to save $30 million a year from the cutbacks
Snappy Founders

Gifting platform Snappy sacking 30% of its workforce, around 100 employees

15.01.23|Meir Orbach
“Unfortunately, we must make extremely painful choices in order to orient Snappy’s financial profile toward sustainable growth and profitability,” wrote CEO Hani Goldstein
פאגאיה הנפקה נאסד"ק

Pagaya preparing to part with over 100 employees, 15% of workforce

11.01.23|Meir Orbach
The fintech company, which became Israel’s highest-valued company for a short time last year, employs 650 people and announced its first acquisition on Wednesday, purchasing proptech platform Darwin Homes
Tipalti טיפלתי נאסדק

Fintech unicorn Tipalti lays off 123 employees, 11% of team

11.01.23|Meir Orbach
Tipalti raised $270 million at an $8.3 valuation in December 2021
סטרים אלמנטס StreamElements

StreamElements sacks 20% of team for the second time in seven months

10.01.23|Meir Orbach
The company, which raised $100 million in funding led by SoftBank Vision Fund 2 in September 2021, also laid off 20% of its workforce last June
חברת פורסקאוט שנמכרה לקרן הפרייבט אקוויטי

Forescout fires 60% of Israeli R&D staff

09.01.23|Raphael Kahan
The Israeli-founded cybersecurity company is parting with around 10% of its total team in its second round of layoffs over the past four months
עובדי מינט מדיה

Minute Media laying off around 10% of employees

08.01.23|Meir Orbach
The digital ad startup, which previously acquired the likes of The Players’ Tribune and FanSided, will part with 50 employees
נציגי ווקמי במעמד פתיחת המסחר במניה אתמול בנאסד"ק

WalkMe lays off 43 employees, 3% of workforce

08.01.23|Meir Orbach
The software company, which went public on Nasdaq at a $2.5 billion valuation in June 2021, said it is cutting jobs as part of its strategic focus on enterprises
מדפסת של טוויין Twine Solutions

Twine Solutions cuts a third of its workforce

05.01.23|Meir Orbach
The company, which develops digital thread and yarn dyeing technology, is laying off 30 employees in total
דוד גוברין דוד סוסנה Personetics

Fintech company Personetics lays off 30 employees, 8% of team

05.01.23|CTech
The Israeli firm raised $85 million from Thoma Bravo last January
פיטורים בהייטק מפוטר מפוטרים

2022’s layoffs were just the promo: The real pain for high-tech is coming in 2023

05.01.23|Sophie Shulman, Meir Orbach
High-tech companies laid off 7,000 workers in Israel and 100,000 workers in the U.S. last year, but in most companies this was a move designed primarily to please investors. Now comes the real crisis
ד"ר נועם ברזיס וד"ר זוהר ברונפמן מייסדי Pecan

Predictive analytics platform Pecan AI parts with a quarter of its employees

05.01.23|CTech
The Israeli company, which raised a $66 million Series C one year ago, is laying off 30 of its 120 employees
מוסף עצמאות 14.4.21 גל שאול ו סער יוסקוביץ' מיסדיי Augury

Unicorn Augury laying off 5% of team

04.01.23|Meir Orbach
The mechanical diagnostics platform provider, which raised $180 million in October 2021, is cutting 20 jobs
הנפקת קלטורה

Kaltura cuts 11% of workforce in another round of layoffs

04.01.23|Sophie Shulman
The video creation and distribution company already laid off 10% of its team five months ago
סיילספורס

Salesforce sacking 10% of global workforce

04.01.23|Meir Orbach
The software giant is expected to lay off dozens of employees in Israel as part of the cutback plan
מטה אמדוקס רעננה

Amdocs cuts 700 jobs, 3% of workforce

02.01.23|Sophie Shulman
Despite coming off an excellent year in which its share price climbed in contrast to the rest of the tech market, Amdocs decided to begin 2023 with cutbacks
צוות AVO

After the hangover of 2022, the real pain for high-tech will come in 2023

26.12.22|Sophie Shulman
The big test of the upcoming year, which will decide which companies survive the crisis and perhaps get stronger and which will be closed or sold, will not be in capital raising but in business
עדי פנחס מייסד ומנכ"ל ברודמן17 Brodmann17

Computer vision startup Brodmann17 facing liquidation

25.12.22|Meir Orbach
Former employees have filed a request with the Tel Aviv District Court, claiming they are owed money after the company shut down earlier this month
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