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Layoffs

Layoffs and AI were supposed to cut costs. For many companies, they did the opposite

A new global KPMG survey finds senior executives are being hit by unexpected AI costs, as heavy computing demands, usage-based pricing and uncontrolled employee use turn the promised savings of automation into a growing corporate headache

Israel Wullman | 07.10.26

Ford fired him over a 'stolen' $1.95 cookie. By the time it realized the mistake, he was done

Kurt Kromm, 60, was dismissed from Ford’s Kentucky truck plant after being accused of stealing a snack from the cafeteria, but an internal review later found the cookie had been paid for; Ford offered him his job back and back pay, but he refused to return

News agencies | 07.09.26

$Photo: AP\Ted S. Warren$

Microsoft cuts 4,800 jobs as Xbox takes the hardest hit

The tech giant says AI is changing how work is done but is not replacing laid-off employees; Xbox will cut 3,200 jobs by 2027, four game studios are leaving Microsoft and Dell layoffs have reached Israel

Reuters, Israel Wullman | 07.06.26

Elbit spinoff Cyberbit shuts down Israel operations, lays off local staff

Leading cyber training company lays off several dozen employees at its Israeli center as it shifts its focus abroad after expanding through its RangeForce acquisition

Meir Orbach/Calcalist | 06.24.26

Turning the AI job disruption into a startup pipeline

The platform Tailor Brands says it helps laid-off workers, freelancers and creators handle business registration, tax IDs, compliance and other back-office tasks as more Americans turn to self-employment

ynet Global | 06.23.26

Artlist plans to cut 200 jobs as it shifts to AI-focused model

Israeli creative technology company says about 40% of its workforce is under review despite $300 million in annual recurring revenue, following a year in which it hired 120 employees

Meir Orbach, Calcalist | 06.16.26

Pharma giant Teva to cut 250 jobs at Israel plant

Layoffs at Teva Tech in Ramat Hovav are part of a global restructuring of TAPI, Teva’s active pharmaceutical ingredients unit, as the company weighs a possible sale

Navit Zomer | 06.10.26

Wix cuts 2026 outlook less than two weeks after laying off 20% of workforce

Israeli website builder lowers bookings and revenue forecasts after warning of weakness in its partners business, which accounts for 38% of revenue; shares fell sharply in premarket trading as AI disruption fears continue to weigh on the company

Yarden Rozanski‏ | 06.08.26

Bosch shuts down Israel AI research centers as part of global restructuring

German tech giant to close Tel Aviv and Haifa sites by end-June, saying the move is strategic and not political

Israel Wullman | 06.02.26

משמאל למעלה, בכיוון השעון: מטא, מיקרוסופט, וויקס, סנטינל וואן

The AI layoff tsunami: Israeli tech races to survive, workers pay the price

Tech giants say AI has made parts of their workforce unnecessary, but the deeper story is corporate fear of falling behind, huge AI spending and pressure to keep showing investors profits while cutting jobs

Tal Shahaf | 06.01.26

Why Apple is dodging Big Tech’s layoff storm

As Meta, Microsoft and Amazon slash jobs and global tech layoffs top 92,000 this year, Apple employees remain largely insulated — with Israel playing a key role in its AI strategy

Tal Shahaf | 05.30.26

Amdocs is preparing for a wave of layoffs, hundreds of them in Israel

The move is part of a broad reorganization the company is currently working on; According to estimates, the layoffs will affect 7% to 10% of the company’s workforce in Israel and worldwide; Amdocs employs 29,000 people worldwide, and about 5,000 in Israel

Meir Orbach/Calcalist | 05.28.26

‘We had no choice’: Wix CEO confirms mass layoffs

Avishai Abrahami says Wix had no choice but to cut 1,000 jobs, about 20% of its workforce, citing dollar-shekel pressure, AI restructuring and the need to flatten management

Israel Wullman | 05.28.26

Hit by the tech layoff wave? Avoid these unemployment mistakes

Workers used to high salaries may find unemployment benefits far lower than expected, with caps, age-based limits, waiting periods and deductions shaping how much money actually reaches their bank account

Gad Lior | 05.28.26

PayPal to lay off dozens at Tel Aviv R&D center amid global cuts

Israel hub employs 200-250 people and develops key AI, cyber and risk systems; PayPal says Israel remains an important market and it will keep investing here in coming years

Meir Orbach/Calcalist | 05.27.26