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Layoffs

20 stories about Layoffs
אפליקציה מוביט ברצלונה Moovit

Mobileye’s Moovit cutting 10% of staff

19.06.24|CTech
Around 20 employees are being let go by the company, which was acquired for $1 billion four years ago
דורון סומך ו איתי דמתי מייסדי Unit

Fintech unicorn Unit lays off 15% of workforce

19.06.24|Viki Auslender
“For now, we need to focus on efficiency and account for slower than expected revenue growth,” wrote the founders of the startup, which raised $100 million in a Series C round at a $1.2 billion valuation in May 2022. Around 25 employees are estimated to be affected by the cutbacks
צ'אג chegg משרדים חילופי עובדים

Chegg shutting down Israel operations, laying off entire workforce

18.06.24|Meir Orbach
As part of a 23% cut in its global team, Chegg is closing its Israel office, resulting in the layoff of dozens of employees 
מייסדי ראפיד

Rapyd lays off dozens of employees, transferring positions from Israel to Eastern Europe, South America

18.06.24|Meir Orbach
The fintech unicorn is cutting 30 positions in Israel and is moving them abroad due to the desire to cut costs
סטייק מתורבת של חברת אלף פארמס

Cultivated meat startup Aleph Farms lays off 30% of staff

05.06.24|Shani Ashkenazi
The difficulty in securing significant investment over the past year, coupled with a marked decrease in investor interest in alternative protein and cultivated meat, led to the layoffs
מייסדי פאגאיה מימין אביטל פרדו יהב יולזרי ו גל קרובינר - חדש

Fintech company Pagaya cutting around 20% of workforce in second round of layoffs

05.06.24|Sophie Shulman
The Nasdaq-traded firm is laying off 100 employees in total and is continuing to reduce its presence in Israel
אמנון שעשוע מ מייסדי מובילאיי ו

OrCam cuts almost half of workforce in second round of layoffs in four months

03.06.24|Sophie Shulman
Amnon Shashua’s startup is laying off 100 employees, primarily in marketing and sales, four months after cutting 50 jobs  
מוסף חג העצמאות 25.4.23 מימין דני פרידלנד ו יואב וילנר מייסדי Walnut

Walnut cuts 20% of workforce in another round of layoffs

29.05.24|Meir Orbach
The Israeli startup’s team has been reduced by around 50% since it started cutting jobs last year
ליאור סוסן ברייט משינס

Bright Machines closing Israel R&D center

27.05.24|Meir Orbach
The robotics company has gradually cut its team in Israel over recent years and is now shutting its center down completely
מטה חברת מדטרוניק בעיר ברמפטון קנדה

Medical device giant Medtronic laying off 3% of Israeli workforce as part of global cutbacks

12.05.24|Meir Orbach
The majority of the employees being laid off in Israel will be from Mazor Robotics, which Medtronic acquired in 2018 for $1.6 billion
מכשיר ספירת דם נייד של Sight

Blood testing startup Sight Diagnostics lays off 30% of team

09.05.24|Meir Orbach
Sight Diagnostics, which has raised a total of $124 million to date, is parting ways with around 40 employees
מימין יובל סמט מנכ"ל רייזאפ RISEUP ו תמרה הראל כהן מייסדת וסמנכ"לית צמיחה רייזאפ

Fintech startup RiseUp, that helps customers control expenses, cuts 50% of workforce

30.04.24|Viki Auslender
The company, which is reducing its staff by around 50 people, offers a technology-based solution that helps customers control their expenses and save money
ראיון עבודה חיפוש עבודה

From high-tech to sales floor: Tech veterans find new paths amid job market turmoil

15.04.24|Maayan Manela
Amid the economic downturn brought on by global layoffs, inflation, last year’s judicial overhaul, and Israel’s ongoing war with Hamas, many high-tech workers have been unable to find work in their field and have been forced to take menial positions
Fabric's robotic logistics center

Retail tech startup Fabric firing 15% of workforce in second round of layoffs

11.04.24|Meir Orbach
After cutting 150 jobs in July 2022, the Israeli company is planning to lay off another 30 employees
מייסדי איידנטיק מימין אורי ארד איתי לוי עידו שילון

Cyber startup Identiq to lay off almost half of its workforce

01.04.24|Meir Orbach
The Israeli company, which raised a $47 million Series A three years ago, is cutting around 20 of 45 jobs
משרדי סייבריזן

Cybereason crisis continues with dozens of jobs to be cut in third round of layoffs

20.03.24|Meir Orbach
After being on the verge of an IPO in 2021, Cybereason has since seen its CEO resign, hundreds of employees get laid off, all while experiencing a 90% drop in value from $3 billion to $300 million
מפעל אורבוטק ביבנה

Orbotech laying off over 100 employees after closing flat panel display division

19.03.24|Sophie Shulman
The Israeli company is a subsidiary of KLA Corporation after being acquired for $3.4 billion five years ago
מימין מנכ"ל אינטל העולמית פט גלסינגר ונשיא ומנכ"ל מובילאיי אמנון שעשוע

Mobileye still searching for light at the end of the tunnel despite layoffs

19.03.24|Sophie Shulman
The autonomous vehicle company laid off 130 people after closing its aftermarket division
מובילאיי אינטל Mobileye

Mobileye closing aftermarket division, laying off 130 employees

18.03.24|Meir Orbach
The unit that provides retrofitted advanced driver assistance technology has seen its revenues decline meaningfully to roughly $40 million on an annual basis, and in recent years has not positively contributed to Mobileye profitability
נהיגה מרחוק בכלי רכב לוגיסטי שנע בתוך מחסן

Remote driving startup Phantom Auto announces closure, lays off over 100 employees

13.03.24|Meir Orbach
The company employed dozens of workers in Israel and had raised approximately $95 million to date
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