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Layoffs

20 stories about Layoffs
חברת אופורה Opora מימין שי גבאי נועם יולס אראל מרגלית יוליה קגן ו יובל דיסקין

Former Shin Bet director's cyber startup Opora is shutting down

08.06.23|Meir Orbach
Opora Technologies, founded by the former head of the Israel Security Agency Yuval Diskin, has laid off most of its employees and is on the verge of a complete closure after raising a total of $10 million since its founding in 2020
וול סטריט הנפקת ואלנס Valens

Valens Semiconductor laying off 15% of workforce as pace of bookings slows significantly

08.06.23|CTech
The Israeli automotive chip company, which is currently traded with a market cap of $240 million after going public at a $1.1 billion valuation, also cut its guidance for the rest of the year
סנטינל וואן SentinelOne הנפקה בורסת ניו יורק

Why did SentinelOne shares plummet by 35% in a single day?

04.06.23|Meir Orbach
SentinelOne stock fell on Friday following disappointing financial reports and the news of the layoffs of 5% of its employees. The good news is that the company is still growing and has enough financial breathing room to weather the crisis
SentinelOne סנטינל וואן ביום ההנפקה בוול סטריט

SentinelOne cuts annual revenue forecast, laying off around 100 employees

02.06.23|Meir Orbach
The Israeli-founded cybersecurity company’s share price plummeted in after-hours trading after it fell well short of analysts’ expectations
משרדי ZipRecruiter

Job posting site ZipRecruiter to cut 20% of global workforce, including at Israel R&D center

01.06.23|CTech
Around 20-30 Israeli employees will be laid off by the U.S. company, which blamed market conditions for the decision
משרדי אאוט בריין Outbrain ניו יורק

Outbrain ousts 10% of workforce in second round of layoffs

01.06.23|CTech
The internet recommendation platform is laying off around 90 employees after firing 38 people last summer
בניין משרדים של ווסטרן דיגיטל

Western Digital lays off 7% of workforce in Israel

24.05.23|CTech
The hard drive manufacturer is parting ways with 60 of its 800 employees in the country
ביתן קואלקום Qualcomm תערוכה MWC שנגחאי 2021

Qualcomm cuts 5% of jobs in Israel

23.05.23|Meir Orbach
The chip giant is laying off around 30 employees in the latest in a series of cutbacks at the company
Eyal Bino

Are down rounds the new layoffs?

22.05.23|Eyal Bino
"With 2023 shaping up to be the year of down rounds, what is the potential impact on the Israeli tech ecosystem, and how can founders avoid being part of this trend?" writes Eyal Bino, Founding Partner of 97212 Ventures
זוהר לבקוביץ’ שותף מייסד ומנכל חברת הסטארט־אפ L1GHT

Anti-toxicity startup L1ght shutting down after acquisition falls through

18.05.23|CTech
The company, which developed technology to identify and analyze harmful online content, has notified all 22 of its employees that they are being laid off
הנפקת למונייד בורסת ניו יורק יולי 2020

Lemonade laying off dozens of employees, 3% of total workforce

16.05.23|Sophie Shulman
Most of the employees being laid off hail from R&D departments based in Israel, meaning around 10% of the company’s workforce in the country is set to leave
שבתאי אדלרסברג מנכ"ל אודיוקודס

AudioCodes laying off up to 10% of staff

09.05.23|Omer Kabir
The Israeli Nasdaq-listed company will part ways with around 80 of its employees (6%) immediately, and will lay off up to 10% over the coming year
צוות עובדי הסטארט-אפ ממיק Memic

Surgical robotics startup Momentis cutting 60% of team one year after $1 billion SPAC fell through

08.05.23|Meir Orbach
Momentis, formerly Memic, which develops robotic-assisted surgery solutions, is laying off 70 of 120 employees
CEO David Drai Anodot דויד דריי

Anodot laying off 20% of team in second round of layoffs

07.05.23|Meir Orbach
The Israeli business monitoring startup is parting ways with around 15 of 80 employees after firing 35 people last July
ירון מורגנשטרן Glassbox

Glassbox lays off 14% of staff, aims to save $7.44 million a year

04.05.23|CTech
The Israeli software company has lost 85% of its market cap since going public two years ago
Ronen Yuval - Hoch (left) and Jonathan Friedman Karma Founders

Bad Karma: Online shopping startup sacks almost a third of its workforce

04.05.23|Meir Orbach
The Israeli company, which has developed an AI-driven shopping assistance browser extension and app, is laying off 20 of 70 employees
Robin Gilthorpe Earnix

Fintech unicorn Earnix lays off 10% of team

04.05.23|CTech
The veteran Israeli startup will part ways with around 30 employees
כנס חדשנות כנס חדשנות יהונתן אדירי

Healthy.io lays off a third of its workforce after raising $50 million

03.05.23|Meir Orbach
The medtech startup is parting ways with around 70 employees despite receiving a fresh $50 million investment
משרד יוניטי סופטוור ביפן

Latest layoffs at Unity to include dozens of employees in Israel

03.05.23|Meir Orbach
The gaming company will be parting ways with a total of 600 employees in its third round of layoffs in a year
חברת קורנינג

Corning closing R&D center in Israel, laying off entire workforce

03.05.23|Meir Orbach
Dozens of employees will lose their jobs due to the multinational tech giant’s cutbacks
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