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Layoffs

20 stories about Layoffs
מייסדי סייבריזן Cybereason מימין יוסי נער ליאור דיב ו יונתן שטרים עמית

Cyber unicorn Cybereason sacks 200 employees, 17% of workforce

26.10.22|Meir Orbach
This is the second round of layoffs at the company, which parted ways with around 100 employees in June
פיטורים גל סבב פיטורים

High-tech layoffs: "We are in the midst of a wave, and the end is nowhere in sight”

26.10.22|Meir Orbach
Under pressure from investors, Israeli companies are preparing for a very long winter: "We must prepare for three years without investments in high-tech"
אבי אמור מאי פיאמנטה גיל אמסלם VEE

Vee continues cutbacks, laying off 50% of remaining employees

25.10.22|Meir Orbach
After parting ways with 30% of the team in July, the volunteering platform is cutting its workforce again and will remain with just 17 employees
Fundbox Team

Fintech unicorn Fundbox fires 40% of workforce

25.10.22|Meir Orbach
The Israeli-founded company is laying off 150 of its 360 employees, half in Israel and half in the U.S. “We grew our team too fast, and we need to course correct,” said CEO Prashant Fuloria
מייסדי Snyk סניק אסף חפץ דני גרנדר ו גיא פודחרני

Cyber unicorn Snyk to sack 198 employees, 14% of workforce

24.10.22|Meir Orbach
The Israeli-founded company raised $530 million at an $8.5 billion valuation last year
ממייסדי אורקם והמנכ"ל לשעבר אמנון שעשוע

Layoffs in Israeli high-tech intensify as Jewish holiday season comes to an end

24.10.22|Meir Orbach
High-tech companies in Israel hoped the financial situation might improve by the end of the Jewish holiday period, but their wishes did not come true, leaving them to make cuts in order to make it to 2023
מייסדים Antidote

Antidote axes a third of its employees

23.10.22|Meir Orbach
The company, which develops a telehealth platform for the U.S. market, is cutting its Israeli R&D staff by half
מימין מייסדי מובילאיי ו אורקם אמנון שעשוע ו זיו אבירם

OrCam lays off 16% of workforce

23.10.22|Meir Orbach
Amnon Shashua and Ziv Aviram’s artificial vision startup is sacking a total of 62 employees
מנכ"ל מיקרוסופט סאטיה נאדלה ב פורום הכלכלי העולמי ב דאבוס

Thanks to cyber, Microsoft is keeping its Israeli employees - for the time being

18.10.22|Meir Orbach
Even though the cyber center of the technology giant is located in Israel, in the event of a worsening recession in the U.S., its employees and the employees of the company's R&D center in Israel will also face layoffs
מטה מיקרוסופט אוריג'ינל

Microsoft makes further cuts after growth slowdown

18.10.22|CTech
The software giant has laid off hundreds of employees due to the worsening economic climate. The latest layoffs aren't expected to impact the company's Israeli employees
אינטל

Intel reportedly plans to cut thousands of jobs as early as this month

12.10.22|Reuters and CTech
According to Bloomberg News, the giant chipmaker is planning to cut costs in the face of a slowdown in the personal computer market. Intel-owned Israeli artificial intelligence chip developer Habana Labs announced on Tuesday that it was laying off around 100 employees
שבב Greco של אינטל הבאנה לאבס

Intel's Habana Labs lays off 10% of workforce

11.10.22|Raphael Kahan
The decision comes as Intel is reportedly planning a major reduction in headcount, likely numbering in the thousands
מימין אנסטסיה לוין איילת מבור עמית בר שי

The layoff payoff: "Getting let go came as a surprise, but it only helped my career”

02.10.22|Maayan Manela
At a time when many companies are announcing downsizing, we talked to three people for whom the layoffs were a turning point in their careers. "It's great fun to be on the other side when you can say in retrospect that everything was for the best, but when you go through it, the job search doesn't feel optimistic"
יואל בר אל יור ומייסד Trax

“There was a correction, but no one should be shedding tears for anyone in high-tech”

28.09.22|Maayan Manela
Retail analytics company Trax raised a $640 million Series E last year but still ended up laying off over 100 employees three months ago. Co-founder Joel Bar-El explains why
דייב הנדרסון, מנכ"ל חדש של DayTwo

Healthtech startup DayTwo laying off dozens of employees

15.09.22|Meir Orbach
The Israeli startup's solution for metabolic disease aims to improve health outcomes and reduce or eliminate prescription medications
אדם סינגולדה מייסד מנכ"ל טאבולה

Taboola laying off 6% of workforce, a total of over 100 employees

13.09.22|Sophie Shulman and Meir Orbach
Founder and CEO of the digital advertising platform Adam Singolda sent a letter to the employees announcing the cutbacks, which include a plan to reduce costs by $38 million
יוני וסרמן ועמית רפופורט קומפיט

Compete cuts a quarter of its workforce six months after raising $15 million

12.09.22|CTech
The Israeli startup is parting ways with 11 of its 39 employees from its HR, marketing, and sales departments
Firebolt Eldad _alt Saar

Cloud data unicorn Firebolt fires dozens of employees

07.09.22|Meir Orbach
The Israeli company raised $100 million at a $1.4 billion valuation earlier this year
אביגדור וילנץ מייסד ויו"ר הבאנה לאבס

Chip startup Xsight Labs axing dozens of employees

07.09.22|Meir Orbach
The Israeli company has raised upwards of $100 million in three rounds led by Israeli tech entrepreneur Avigdor Willenz, Intel, and Microsoft
אפליקציה סנאפ Snap

Snap sacks dozens of employees in Israel, to close Herzliya R&D center

04.09.22|Meir Orbach
The social media giant’s activity in Israel was built around the acquisitions of AR startup Cimagine and Voca.ai, which was acquired for around $70 million in November 2020
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