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Layoffs
Aiming to become leaner and more efficient, Intel continues massive lay-off wave
Intel Israel is notifying hundreds of employees about layoffs this week, joining a global reduction affecting more than 2,000 workers; Despite cuts, new hiring continues for essential roles, including projects like the $25 billion Kiryat Gat chip plant
Tal Shahaf
|
10.28.24
Wave of General Motors layoffs also hits Israel
General Motors' global layoffs extend to Israel, impacting dozens at its Herzliya development center, responsible for next-gen vehicle tech; Despite cuts, the center continues to recruit for roles in algorithm and software development, shaping future transportation
Navit Zomer
|
08.20.24
Renewable energy firm SolarEdge cuts 400 job, 200 in Israel
Company announces second wave of layoffs this year after economic challenges due to rising US interest rates and inventory buildup in Europe
Adiel Eithan Mustaki
|
07.15.24
eBay fires dozens of Israeli workers in second layoff round
US retail giant says cuts come amid comprehensive global overhaul; move marks second layoff wave in country
Meir Orbach/Calcalist
|
06.26.24
Mobileye navigates through uncertainty amid layoffs
Even after unloading about 5% of its workforce, Israeli autonomous vehicle company struggling to recuperate costs and regain high profitability for investors
Sophie Shulman/Calcalist
|
03.20.24
Meta to announce layoffs in metaverse silicon division
Cuts could hurt the company’s ability to build augmented and virtual reality products enabling access to a set of immersive virtual worlds known as the "metaverse"
Reuters
|
10.04.23
Israeli hi-tech layoffs to persist throughout 2023, report says
As Israeli firms continue to shed workforce, one-third of companies say do not plan raises this year either
i24NEWS
|
05.16.23
Apple to cut small number of jobs in some corporate retail teams
Three months after CEO Tim Cook announced that he will take a more than 40% pay cut this year, Apple announces the elimination of some positions, claiming it plans on improving the maintenance of stores around the world in a strategic streamlining move, and promising to support those who are laid off
Ynet, Agencies
|
04.04.23
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