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Layoffs

20 stories about Layoffs
מנכ"ל סולאראדג' צבי לנדאו

Shadow of uncertainty still lingering over SolarEdge despite huge cutbacks

22.01.24| Adiel Eithan Mustaki and Almog Azar
Sources close to the company reveal that SolarEdge had formulated a work plan based on quarterly revenues ranging between $600-700 million. More layoffs could be coming should the company continue to fall short of its target
בניין HP אינדיגו בפארק המדע קריית ויצמן

HP Indigo firing 50 employees in Israel in another round of layoffs

21.01.24|Meir Orbach
One year after cutting 100 jobs in the country, the American conglomerate is laying off an additional 2% of its local team
מנכ"ל סולאראדג' צבי לנדאו

SolarEdge to embark on massive layoffs, cutting 900 jobs amid sharp drop in revenue

21.01.24|Almog Azar
The renewable energy company, which has seen its valuation fall by 80%, is expecting its revenues in the fourth quarter of 2023 to be 55% lower than the third quarter, which were themselves 27% less than the second quarter
חברת הימורים 888

Gambling group 888 cuts dozens of jobs in Israel as part of global layoffs

11.01.24|Meir Orbach
The Gibraltar-based company laid off dozens of employees in Israel last January as well
פלייטיקה חברת משחקים הרצליה פיתוח

Playtika cutting 300-400 jobs in new round of layoffs

11.01.24|Allon Sinai
The gaming company is reducing its headcount by another 10% after laying off around 900 employees in 2022
עובדי SISENSE סייסנס

Business intelligence unicorn Sisense sacking 13% of workforce in second round of layoffs in six months

11.01.24|Meir Orbach
Sisense has seen its team shrink by half since 2022, with 60 jobs now set to be cut after 100 employees were let go last July
Unity

Unity laying off another 25% of workforce

09.01.24|Meir Orbach and Reuters
Unity Israel, formerly ironSource, is set to cut dozens of jobs as part of the layoffs. This is the fourth round of layoffs the company has conducted since July 2022
מגזין עצמאות 4.5.22 מימין דניאל גבאי ו מיכאל גבאי מייסדי טריגו trigo

Frictionless retail startup Trigo laying off 15% of team

04.01.24|Meir Orbach
The computer vision company that develops infrastructure for autonomous retail stores and retail analytics is cutting 30 jobs
מימין: שניים מהמייסדים אבי שועה אבי שוע מנכ"ל ו גיל גרון

Cyber unicorn Orca Security laying off 15% of workforce

03.01.24|Meir Orbach
Orca, which has raised $640 million to date and was last valued at $1.8 billion, is parting ways with around 60 employees
מבחנה ביומד

AnGes laying off 110 EmendoBio employees three years after $250 million acquisition

20.12.23|Meir Orbach
The Japanese pharma company notified the employees of the Israeli firm that they are being fired and the future of the company's technology is unclear at this point
MRI של חברת אינסייטק insightec

Medical device company Insightec laying off 100 employees, 20% of workforce

19.12.23|Golan Hazani
The Israeli company has developed a platform that focuses on sound waves, guided by MRI, to provide tremor treatment to patients with medication-refractory essential tremor and Parkinson's disease
מטה איביי Ebay סן חוזה קליפורניה

eBay cutting almost 10% of Israeli workforce in second round of layoffs this year

17.12.23|Meir Orbach
The e-commerce giant is laying off around 20-25 of its 250 employees in Israel after already firing dozens in February
צוות אינקרדיבילד

Software development startup Incredibuild laying off 20% of workforce

05.12.23|Meir Orbach
The Israeli company, which raised $35 million in Series B funding in June 2022, is cutting around 40 jobs
מרכז המחקר והפיתוח של וואווי בהוד השרון טוגה נטוורקס

Toga Networks, Huawei's R&D center in Israel, lays off 20 employees

15.11.23|Meir Orbach
The layoffs come in the wake of the company's decision to close its storage division. Toga Networks employs about 500 people in its offices in Hod Hasharon
כנס המפתחים של מטא מארק צוקרברג 9.23 הדור השני של המשקפיים החכמים בשיתוף ריי באן

Meta laying off employees in metaverse-oriented Reality Labs division

04.10.23|Reuters and CTech
Reality Labs has significant activity in Israel, which could potentially also be hit by the layoffs
מימין רותם אירם ו רומן יצקוביץ' מייסדי At Bay

Cyber insurtech unicorn At-Bay lays off almost 10% of workforce

12.09.23|Meir Orbach
At-Bay, which raised a $205 million Series D in 2021 at a valuation of $1.35 billion, is parting ways with 27 employees
חברת פורסקאוט שנמכרה לקרן הפרייבט אקוויטי

Forescout closing Israel R&D center

06.09.23|CTech
The Israeli-founded cybersecurity company is laying off its remaining 40 employees in the country
לוגו פורד יצרנית רכב

Ford shutting down SAIPS project responsible for developing autonomous vehicles

05.09.23|Meir Orbach
The entire SAIPS team, numbering dozens of employees, will be laid off
ערן שיר מנכ"ל נקסאר Nexar

Nexar cuts 14% of team in third round of layoffs

04.09.23|Meir Orbach
The AI computer vision company laid off another 17 employees and has reduced its headcount by over 30% in the last 10 months
גיל אלבז CTO ושותף מייסד ב Datagen דאטהג'ן דאטה ג'ן ו אופיר צ'קון מנכל ו שותף מייסד

AI startup Datagen on verge of closure after laying off almost all remaining workforce

22.08.23|Sophie Shulman
The emergence of generative AI significantly hurt the Israeli company and led to major layoffs already three months ago, as well as negotiations with Meta for a potential acquisition, which never came to fruition
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