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Layoffs

Intel Israel braces for massive layoffs as global job cuts loom

Quarterly earnings report expected to shed light on scope of cuts and their effect on company's more than 10,000 Israeli employees

Israel Wullman | 04.23.25

Intel expected to lay off more than 20,000 employees

Tech giant's new CEO, Lip-Bu Tan, wants to streamline after Intel ran into difficulties, and will soon announce a plan to layoff 20% of the company's approximately employees, according to Bloomberg news agency; not known how the move will affect more than 10,000 workers in Israel

Reuters | 04.23.25

Israeli cybersecurity firm Skybox Security shuts down, lays off all staff

Company, which employed about 100 workers in Israel and 200 in the US, sells operations to another cybersecurity firm, notifying Israeli staff they wouldn't receive February salaries or severance and should file claims with National Insurance Institute

Meir Orbach | 02.25.25

Dozens of jobs at risk as Meta begins layoffs in Israel

Layoffs affecting 5% of Meta’s Israel workforce come amid broader tech industry struggles, driven by economic slowdowns and shifting market demands

Omer Kabir, Meir Orbach/Calcalist | 02.10.25

Meta to layoff 5% of its lowest performers as a way to 'raise the bar'

According to a report by Bloomberg, Meta will implement another round of layoffs, affecting approximately 3,600 employees worldwide; In an internal memo sent to staff, the company said that layoffs will target lowest-performing workers, with plans to fill the positions by the end of the year

News Agencies | 01.14.25

SolarEdge announces 400 layoffs, 200 in Israel

SolarEdge to cut operational costs amid a sales slump and inventory surplus in Europe;. The layoffs mark the company’s fourth round of cuts since January 2024

Adiel Eithan Mustaki, Calcalist | 01.07.25

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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