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Headlines
21:21
Full list of Israeli high-tech layoffs in 2025
21:19
Riskified cuts staff as struggles continue
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Layoffs
20 stories about Layoffs
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
Salesforce Ventures: "Firing people is very emotionally difficult, but a good CEO needs to do what's right for the next 10 years"
20.11.22
|
Sophie Shulman
"We are in the midst of a once-in-a-generation change and I cannot be more optimistic about Israel in this context," added SVP and Managing Partner Alex Kayyal, with Salesforce Ventures investing $500 million in 32 Israeli companies to date
Fintech unicorn Capitolis cuts almost 25% of workforce
17.11.22
|
Meir Orbach
The company, which raised $110 million at a $1.4 billion valuation this past March, is laying off 37 employees in total
Philips Israel laying off dozens of employees as part of global cutbacks
16.11.22
|
Meir Orbach
The Dutch technology giant announced last month that it would be cutting 4,000 jobs worldwide
Unicorn Yotpo lays off 70 employees, 9% of team
16.11.22
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Meir Orbach
The marketing service is cutting its workforce after significantly increasing hiring following a $230 million funding round at a $1.4 billion valuation in March 2021
The secret behind the surprise success of Monday, Fiverr and Riskified
16.11.22
|
Sophie Shulman
Israeli-founded SaaS companies published extremely positive results for the third quarter of the year, but they should not necessarily be seen as a signal for continued improvement in 2023
Similarweb sacks 130 employees, 10% of workforce
16.11.22
|
Sophie Shulman
“We have made the very difficult decision to reduce our headcount in preparation for prolonged changes in demand,” said CEO Or Offer, who believes the company can become profitable in 2023
Messaging app Rakuten Viber lays off 45 employees, 8% of team
15.11.22
|
Meir Orbach
This is the first time the company is implementing significant cutbacks since it was founded 12 years ago
Unicorn OwnBackup ousts 17% of workforce
15.11.22
|
Meir Orbach
The cloud backup company, valued at $3.35 billion last year, is laying off over 170 employees in Israel and the U.S.
Unicorn Cloudinary cuts 8% of workforce
14.11.22
|
Meir Orbach
The company, which has developed a platform to manage media assets, has been bootstrapped since it was founded and announced a secondary investment of $110 million at a company valuation of $2 billion earlier this year
High-tech industry coming to terms with sobering reality
14.11.22
|
Roni Dori
With employees being fired, recruitment coming to a grinding halt, and traveling and parties being canceled, there seems to be little doubt that the age of abundance and excess in high-tech is over
Proptech startup Veev cuts 30% of jobs eight months after raising $400 million
11.11.22
|
Meir Orbach
The technology-enabled homebuilding company is laying off around 100 employees despite taking its total funding to $600 million earlier this year
Meta layoffs have global effect, including in Israel
09.11.22
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Meir Orbach and Reuters
Mark Zuckerberg announced on Wednesday that the company will cut 11,000 jobs, and Meta Israel will also be affected
Namogoo lays off 15% of workforce
09.11.22
|
Meir Orbach
The Israeli startup, which raised $15 million six months ago to take its total funding to $81 million, is parting ways with 25 employees
Meta layoffs: Employees paying the price for excessive growth
08.11.22
|
Omer Kabir
The huge layoffs planned by Meta this week, which will include thousands of employees, may also reach its centers in Israel. The technology companies that experienced tremendous growth during the pandemic are now paying the price for inflating their organizations, and the big test awaits them at the end of the year
Toyga places all 110 of its Israeli employees on unpaid leave
08.11.22
|
Meir Orbach
The financial services company said it was taking the latest cutback measure due to an upcoming merger. Toyga laid off 50 employees six months ago
Survey: One in three Israeli startups has laid off employees in 2022
06.11.22
|
Maayan Manela
New data shows half of the startups have frozen hirings, while workers seek stable companies, but won’t lower salary expectations. How can the storm be weathered?
Varonis lays off 110 employees, downsizes R&D staff
06.11.22
|
Sophie Shulman
The Nasdaq-traded firm saw its share price plummet by more than a third last week following its disappointing results for the third quarter of the year
Cybersecurity unicorn Checkmarx cuts 10% of workforce
02.11.22
|
Meir Orbach
The Israeli company, acquired by American private equity firm Hellman & Friedman at a $1.15 billion valuation in March 2020, is laying off around 100 employees
Equitybee lays off 20% of workforce, stinging employees
31.10.22
|
Meir Orbach
The startup connects employees in high-tech companies who want to exercise their options and qualified investors who want to purchase shares of private companies before they become public
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