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An aerial view of the southern city of Kiryat Gat in 2010. (CC BY-SA Wikimedia commons, Kiryat Gat municipality archives)
August 14, 2019, 6:12 pm
Kiryat Gat laying off 320 city workers to cope with burgeoning deficit
Officials say southern city dealing with ‘enormous’ development challenges as it expands in bid to become economic hub
By TOI staff
Nano Dimension manufactures electronic products using 3D printing. The image compares a 3D-printed transceiver, right, with-a-traditional-transceiver (Courtesy)
July 8, 2019, 1:32 pm
3D printer maker Nano Dimension to fire 20% of workforce as seeks direction
Shares on Tel Aviv Stock Exchange plummet; company says it appointed adviser to help it conduct a ‘review of strategic alternatives’
By Shoshanna Solomon
Left to right: Ilan Spiegelman – VP Marketing Oracle Israel Reggie Bradford, SVP Oracle Uzi Navon – Oracle Israel Country Leader (Courtesy: Sally Farag)
June 18, 2019, 4:59 pm
Oracle reportedly to cut tens of workers at Israel R&D center
Move is part of global reorganization of US tech giant, Calcalist reports; employees come from the startup Ravello, acquired by the US firm in 2016
By Shoshanna Solomon
IBM's office in Tel Aviv. (YouTube screenshot)
May 23, 2019, 2:41 pm
IBM to fire dozens at Tel Aviv R&D center
Firm says it’s repositioning team ‘to align with the company’s focus on the high-value segments of the IT market’
By Shoshanna Solomon
Intel Corp.'s 9th Gen Core, sired by its Haifa team, was launched by US tech giant on April 23, 2019 (Courtesy)
May 21, 2019, 12:27 pm
Some 150 jobs in Israel at risk as result of new Intel CEO 5G strategy
Intel sources confirm that the decision to exit 5G smartphone modem business globally will affect local team as well
By Shoshanna Solomon
Teva Pharmaceutical Industries employees protest closure plans outside a company building in Ashdod, December 17, 2017. (Flash90)
April 9, 2018, 4:34 pm
Teva to shut Ashdod plant within year, with loss of 175 jobs
Company statement follows on from December announcement that debt-ridden pharma giant will fire 14,000 workers worldwide over next two years, including some 1,750 in Israel
By Sue Surkes
Super-Pharm, the largest, leading drugstore chain in Israel. July 13, 2014. (Moshe Shai/FLASH90)
December 25, 2017, 12:18 pm
Super-Pharm to trim staff of beauty consultants by 1,300
Pharmacy chain says it will lay off almost half of its customer assistants in attempt to cut costs and lower product prices amid rising competition
By Michael Bachner
Workers of the Teva company protest against the company plan to lay off hundreds of employees, outside the TEVA Pharmaceutical Industries building in Jerusalem, December 17, 2017. (Noam Revkin Fenton/Flash90)
December 17, 2017, 3:57 pm
Teva workers barricade themselves in Jerusalem plant, burn tires
200 pharma employees and family members lock themselves in facility, prevent managers from leaving as protests against layoffs sweep country
By TOI staff
Workers of the Teva company protest against the company plan to lay off hundreds of employees, in Petah Tikva, December 17, 2017. (Tomer Neuberg/Flash90)
December 17, 2017, 12:30 pm
Airport, ministries, companies reopen after Teva ‘solidarity’ strike
Service at bank, post office, courts resumes following protests over pharmaceutical giant’s planned layoffs of some 1,750 Israeli workers
By TOI staff and AFP
Teva Pharmaceutical Industries employees protest closure plans outside a company building in Ashdod, December 17, 2017. (Flash90)
December 17, 2017, 10:21 am
Teva workers protest layoffs as solidarity strike grinds country to halt
Demonstrations held across Israel; protesters block traffic and burn tires over pharma giant’s plan to slash 1,750 jobs
By TOI staff and AFP
An Israeli worker walks by the offices of Israeli pharmaceutical company Teva Industries in Jerusalem, October 11, 2013. (Yonatan Sindel/Flash90)
December 13, 2017, 10:51 pm
Union calls strike over thousands of expected Teva layoffs
Histadrut says much of country, including airports, will shut down for hours on Sunday morning to protest drugmaker’s plan to firre half of its workforce
By TOI staff and Shoshanna Solomon
A general view of TEVA Pharmaceutical Industries in Jerusalem, Israel, October 11, 2013. (Yonatan Sindel/Flash90)
December 13, 2017, 11:22 am
Teva reportedly to present job cuts plan on Thursday
Yitzhak Peterburg, who served as interim chief executive, has resigned from the board effective immediately, troubled drug-maker says
By Shoshanna Solomon
Kåre Schultz, CEO and president of Teva. (Courtesy)
December 10, 2017, 12:33 pm
Teva shares jump in Tel Aviv after report of up to 10,000 job cuts
Pharmaceutical firm’s new CEO aims to cut expenses by $1.5 billion-$2 billion over the next two years, Bloomberg says
By Shoshanna Solomon
An Israeli system engineer keeps watch over a production line at the Teva factory in Jerusalem. (Olivier Fitoussi/Flash90)
August 3, 2017, 6:03 pm
As shares plunge, Teva sees 7,000 layoffs by year’s end
Jerusalem based drugmaker plans to shut plants, slashes dividend on disappointing quarterly results
By Shoshanna Solomon
Teva's facility in Har Hotzvim, Jerusalem (Nati Shohat/Flash90)
From the WebJuly 23, 2017, 4:55 pm
Teva to reduce workforce in Israel, mainly in production
Reuters: Teva Pharmaceutical Industries is planning to lay off some of its 7,000 workers in Israel in the coming months as it strives to improve competitiveness
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