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Layoffs

20 stories about Layoffs
משרדי פייסבוק בתל אביב

HR on the chopping block: “When I received a layoff email I was shocked"

19.12.22|Maayan Manela
At the beginning of the year, high-tech companies had difficulty finding recruiters to locate the necessary talents for them to meet their growth goals. But in recent months, following the crisis, recruiters and HR personnel are the first to be laid off
משרדי אינטל 2

Intel Israel lays off dozens of employees as part of global cutbacks

15.12.22|Meir Orbach
Following the decision to implement cutbacks announced two months ago, Intel told each of its global centers that they are required to reduce their expenses
פלייטיקה חברת משחקים הרצליה פיתוח

Playtika confirms lay off of 610 employees, 15% of team

12.12.22|Meir Orbach
The gaming giant announced it is making significant cutbacks, which will include redeploying staff, winding down non-core initiatives and consolidating studios
רכב אוטונומי מבפנים

Computer vision startup Brodmann17 closes down

11.12.22|CTech
Almost 30 employees were laid off after the crisis forced the six-year-old startup to cease its operations
מוסף שבועי 28.10.21 שלטי חוצות של דרושים חברת פלייטיקה

High-tech layoffs are in full swing with no respite in sight

11.12.22|Meir Orbach
The race to complete layoffs before the end of the year is set to see many more employees lose their jobs in the coming weeks
הנפקת פלייטיקה ב נאסד"ק

Game over? Playtika layoffs are just tip of the iceberg for gaming giant

11.12.22|Sophie Shulman
The company is embarking on a second round of layoffs in six months after the cancellation of the deal in which Joffre Capital was supposed to purchase 25.5% of its shares. Playtika insists there is no connection between the two
רוברט אנטוקול מייסד ומנכ"ל פלייטיקה עם לוגו החברה

Playtika to part with 500 employees next week

09.12.22|Meir Orbach
The gaming giant is expected to lay off between 12-15% of its workforce after already firing 250 employees in May
מייסדי ארמיס. מימין נדיר יזרעאל ו יבגני דיברוב

Cybersecurity unicorn Armis axes 25 employees

08.12.22|Meir Orbach
The Israeli company, which raised $300 million at a $3.4 billion valuation one year ago, will be parting with 3.5% of its team
מימין דימה פוטחין ו רוב גור-זאב CyCognito

Cybersecurity startup CyCognito cuts 15% of jobs

08.12.22|Meir Orbach
The Israeli company is laying off around 30 employees one year after raising $100 million at an $800 million valuation
בן וולקוב מייסד משותף ומנכל Otonomo

Otonomo ousts almost 50% of its remaining workforce

08.12.22|Sophie Shulman
The autotech company has lost over 95% of its value since going public via a SPAC merger at a $1.26 billion valuation
סיון אביהוד מנכ"לית Link2USA

Unhappy new year: High-tech HR budgets signal 2023 will open with layoffs

07.12.22|Maayan Manela
"Companies are waiting until after the holidays, but the big blow will be in the first and second quarters of the year," said Sivan Avihud, founder of Link2USA
Sagi Giladi Amit Bareket Perimeter 81

Cybersecurity unicorn Perimeter 81 parts with 8% of team six months after raising $100 million

06.12.22|CTech
The startup, which reached a $1 billion valuation in its Series C in June, is laying off 20 of its 250 employees
כנס לוגיסטיטק רועי אדלר מייסד משותף ומנכ"ל Santa וידאו

Startup Santa to sack most of its employees

05.12.22|Sophie Shulman
“With a heavy heart we decided that we need to take a few steps back, reduce our burn to near-zero, and use the next few months to completely rethink our direction,” wrote CEO Roee Adler
מגזין עצמאות 4.5.22 מימין דידי גורפינקל עודד הר טל ו אייל כהן מייסדי DataRails

DataRails lays off 18% of team

05.12.22|Sophie Shulman
The financial planning and analysis platform is parting with 30 employees
דרור דוידוף מנכל אקווה סקיוריטי

Cybersecurity unicorn Aqua axes 10% of workforce

05.12.22|Sophie Shulman
The Israeli cloud security company will be laying off 65 employees in total
מפעל להבים ב תפן

Pratt & Whitney shutting down Blades Technology Israel factory, putting 900 people out of work

04.12.22|Yuval Azulay
The company’s employees were notified on Sunday that American aerospace manufacturer Pratt & Whitney, which is a subsidiary of Raytheon Technologies, has decided to stop manufacturing compressor blades in Nahariya due to a drop in demand
צוות ביזאבו Bizzabo

Bizzabo laying off another 100 employees, cutting almost 40% of remaining workforce

01.12.22|Meir Orbach
Five months ago the event planning platform parted with 120 employees, meaning it has cut more than half of its team since July
איור הייטק eyeweb

Unicorn employees paying the price for exaggerated expansion

24.11.22|Meir Orbach
Two major Israeli unicorns - Trax and Rapyd - admitted on Tuesday that they are going to lay off dozens, if not hundreds, of employees. While no unicorn currently firing workers is going to shut down, they are now dealing with the consequences of last year’s hiring hysteria
מייסדי Rapyd

Fintech unicorn Rapyd set to lay off dozens of employees

22.11.22|Meir Orbach
Israel’s highest-valued startup, which reached a $15 billion valuation earlier this year, could lay off more than 10% of its 900 employees
מימין יואל בר אל דרור פלדהיים חברת Trax טראקס טרקס

Unicorn Trax embarks on another round of layoffs, parting with 8% of workforce

22.11.22|Meir Orbach
The Israeli company will be laying off another 70-80 employees after parting with over 100 workers in June
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