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Layoffs

20 stories about Layoffs

Dropbox closing Israel R&D center as part of global cutbacks

27.04.23|Meir Orbach and Reuters

The U.S. cloud storage provider is estimated to have employed around 50 people in Israel and it will be laying off all of them as part of a 16% reduction in its global workforce

Amazon axes dozens of jobs in Israel after shutting down Halo program

27.04.23|Meir Orbach

The tech behemoth said last month that it will lay off 9,000 more employees following an earlier round of layoffs that began in November which affected more than 18,000 staffers

API unicorn Rapid laying off half of its workforce

25.04.23|Sophie Shulman

New CEO Marc Friend wasted little time in implementing cutbacks after replacing founder Iddo Gino at the helm last week

אסף רזניק אליק איזנברג BigPanda

Unicorn BigPanda lays off 13% of workforce

The Israeli company, which raised $190 million at a $1.2 billion valuation last year, is parting ways with around 40 employees in total

F5 firing 10% of Israeli team

24.04.23|Meir Orbach

The American cybersecurity company is reducing its global workforce by 9%, a total of 623 employees

Talent marketplace Gloat lays off 12% of team

The Israeli startup, which raised $90 million in a Series D in June 2022, will part ways with around 35 employees

מטה מטא Meta פייסבוק קליפורניה

Meta cuts 90 jobs in Israel as part of global layoffs

After the first wave last month included mainly employees from the HR departments, this time employees from a wide variety of fields, including programmers and engineers, were let go

EA ELECTRONIC ARTS

Electronic Arts closing R&D center in Israel, laying off entire team

19.04.23|Irad Atzmon Schmayer

Dozens of employees will lose their job as part of the global cutbacks at EA, which will include a total of more than 700 employees, accounting for 6% of the video game publisher’s workforce

נציגי ווקמי במעמד פתיחת המסחר במניה אתמול בנאסד"ק

WalkMe axes another 112 employees, reducing workforce by a further 10%

19.04.23|Sophie Shulman

This is the company’s second round of layoffs in 2023 after parting ways with 43 employees in January

פיטורים בהייטק מפוטר מפוטרים

Director's cut: Amazon and Google getting rid of middle managers at the expense of future productivity

18.04.23|Omer Kabir

After huge recruitments during the pandemic, the technology companies are adopting a more economical organizational structure. Even if efficiency is expected to improve in the short term, the move may cause significant cumulative damage

משרדי חברת קוודרים QuaDream ברמת גן

Offensive cyber company QuaDream shutting down amidst spyware accusations

16.04.23|Omer Kabir and Meir Orbach

It was reported last week that the Israeli firm's hacking tools have been used against journalists, opposition figures and advocacy organizations across at least 10 countries

פיטר מקאי מנכ"ל Snyk ו גיא פודחרני מייסד Snyk סניק

Cyber unicorn Snyk sacks another 128 employees, five months after raising almost $200 million

The Israeli-founded company has laid off over 350 employees since last July, accounting for 25% of its workforce

מטא פייסבוק 6.12.22

Second wave of Meta layoffs to hit Israel next week

13.04.23|Meir Orbach

After the first wave last month included mainly employees from the HR departments, this time employees from a wide variety of fields, including programmers and engineers, are expected to be let go, with the total number of people being laid off estimated to be many dozens

מיכל ברוורמן בלומנשטיק מנכלית מיקרוסופט ישראל מחקר ופיתוח

Microsoft Israel to lay off dozens as part of global cutbacks

26.03.23|Meir Orbach

According to Business Insider, layoffs are coming to Microsoft’s cyber team on Monday. Microsoft announced in January that it is laying off 10,000 workers

אנטי וירוס אבטחה סייבר מובייל האקר 2

Cyren trustee seeks to sell anti-malware tech to Icelandic company

09.03.23|Lital Dobrovitsky

The Israeli cybersecurity company was issued a freezing order last month after accumulating debts of NIS 42 million. Cyren’s trustee has asked the district court to sell its anti-malware technology to Icelandic company OK and asked not to make the amount public

איור הייטק בינה מלאכותית פיטורים

AI tools developed by white-collar workers now being turned against them

02.03.23|Viki Auslender

The swift dismissal of 12,000 Google employees sparked fears that AI was involved in the process. "When white-collar workers dedicate their lives to building tools designed to monitor, control, sort, and decide people's lives, they shouldn't be surprised when those same tools are turned against them"

חנות נייקי Nike בייג'ינג סין

Nike shuts down Israel R&D center, lays off entire team

01.03.23|Meir Orbach

The footwear and clothing giant set up an R&D center in Israel following the acquisition of Tel Aviv-based fashion technology startup Invertex in 2018

פארק עתידים משרדים 1

Cyren enters insolvency after laying off entire workforce

27.02.23|Lital Dobrovitsky

The company’s accumulated deficit as of September 2022 reached approximately $296 million. Until recently, the Israeli parent company employed 49 people, but at the beginning of the month most of the employees were laid off

חברת Visiblerisk

BitSight shuts down Israel office, lays off entire team

26.02.23|Meir Orbach

The American cybersecurity company acquired Israeli startup VisibleRisk in September 2021 to set up a local R&D center, but has decided to close it 17 months later and lay off all 40 of its employees

Synamedia sacks 200 employees, 12% of workforce

22.02.23|Meir Orbach

This is the second round of layoffs at the company, which parted with several dozen employees last November

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