search

Reports: Over 500 high-tech employees fired today

Since this morning, more than 500 employees at two high-tech companies have been laid off, according to Hebrew-language media reports.

The Kan public broadcaster says Asurion has shuttered its Israeli development center, amid restructuring, resulting in 120 employees being fired.

The second company, Aid Genomics, announces a substantial reduction in its activity in Israel by moving its R&D center abroad, resulting in some 400 workers being laid off, Kan reports.

Never miss breaking news on Israel
Get notifications to stay updated
You're subscribed
image
Register for free
and continue reading
Registering also lets you comment on articles and helps us improve your experience. It takes just a few seconds.
Already registered? Enter your email to sign in.
Please use the following structure: [email protected]
Or Continue with
By registering you agree to the terms and conditions. Once registered, you’ll receive our Daily Edition email for free.
Register to continue
Or Continue with
Log in to continue
Sign in or Register
Or Continue with
check your email
Check your email
We sent an email to you at .
It has a link that will sign you in.