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layoffs

Strong shekel makes Israeli tech workers pricier than their US counterparts, study shows
Fiverr employees at work in its Tel Aviv offices, August 6, 2017 (Shoshanna Solomon/Times of Israel)
By Sharon Wrobel
Lobby of Israeli tech firms warns that local tech talent is losing its competitive edge, as higher salary costs due to the strong shekel threaten to drive out future innovation
Illustrative: Finance Minister Bezalel Smotrich addresses the Knesset on January 28, 2026. (Sam Sokol/Times of Israel)
June 25, 2026, 8:20 pm
Smotrich vows long-sought assistance plan for Israeli tech harmed by strong shekel
Amid wave of layoffs and fears that multinationals and local tech will relocate abroad, government set to propose package to help mitigate financial damage created by shekel spike
By Sharon Wrobel
BTL factory workers meet, following an announcement of the closure of the production line and planned layoffs, December 4, 2022. (Courtesy/ Histadrut labor federation)
June 17, 2026, 7:58 pm
After more than 50 years, US engine-maker Pratt & Whitney is shutting down Israel factory
Following four years of struggle to prevent the closure of the plant, formerly owned by the Wertheimer family, BTL’s 600 workers in the north will be laid off
By Sharon Wrobel
Illustrative: Offices of the Jerusalem Venture Partners tech investment firm in Jerusalem, February 18, 2019. (Hadas Parush/ Flash90)
June 10, 2026, 8:55 pm
Despite war, Israeli startups snag $8.6 billion, as strong shekel cuts cash runway
Although fundraising by local tech jumped 45% this year, it was invested in fewer companies, mostly cyber and AI; startups hire abroad as shekel fuels costs, according to new report
By Sharon Wrobel
Illustrative. An employee works in the tech sector. (Hadas Porush/ Flash90)
May 31, 2026, 9:34 pm
After record year, Israeli tech brain drain raises fears for future growth – report
Israel Innovation Authority says R&D activity and management of startups are increasingly moving abroad amid AI-related changes, and as strong shekel raises costs
By Sharon Wrobel
Illustrative image of a Wix-made app. (Courtesy/Wix)
May 29, 2026, 12:22 am
Major Israeli tech firms commence sweeping layoffs as AI revolution roils industry
Israeli website builder Wix cuts 20% of global staff as strong shekel fuels costs amid shift to ‘AI-native ways of working,’ with fintech firm Rapyd and software firm Amdocs following suit
By Sharon Wrobel
Attendees visit the Meta booth at the Game Developers Conference 2023 in San Francisco, California, on March 22, 2023. (AP Photo/Jeff Chiu)
May 20, 2026, 10:57 pm
Meta begins job cuts in Israel as global layoffs in the name of AI mount
Silicon Valley tech titan that owns Facebook, Instagram and WhatsApp is letting go of about 90 employees in Israel as part of round of layoffs to cut 10% of global headcount
By Sharon Wrobel
A sign for the Washington Post is seen at the company's offices, Monday, Jan. 26, 2026, in Washington. (AP Photo/Mark Schiefelbein)
February 4, 2026, 8:01 pm
Washington Post fires one-third of staff, including all its Middle East journalists
Editor defends painful but necessary move; staff union calls on public to pressure owner Jeff Bezos; former editor decries ‘near-instant, self-inflicted brand destruction’
By David Bauder
Illustrative: Playtika at high-tech development centers in Herzliya, October 30, 2020. (Gili Yaari/Flash90)
January 14, 2026, 8:17 pm
Playtika cuts 15% of its workforce amid shift to leaner teams that rely on AI
Israeli-founded online gaming developer lays off about 500 of its employees in Israel and abroad to invest in a pipeline of new games and focus on talent density
By Sharon Wrobel
The Mobileye office campus located at the Har Hotzvim tech park in Jerusalem, March 26, 2024. (Courtesy)
December 9, 2025, 12:53 am
Struggling Mobileye to lay off hundreds of workers, mostly in Israel
Jerusalem-based autonomous car tech developer paring back employee count by some 5% as it looks to regroup in light of shrinking demand and revenue
By Sharon Wrobel
Hundreds of employees wait in line wrapped around the outside of the Health and Human Services headquarters building, in Washington, April 1, 2025. (Amanda Seitz/AP)
April 1, 2025, 10:18 pm
Trump begins mass layoffs at FDA, CDC, other US health agencies
Many reportedly found out they were fired when front door security guards denied them entry to their places of work
By Leah Douglas, Marisa Taylor and Julie Steenhuysen
AppsFlyer founders Reshef Mann, left, and Oren Kaniel. (Courtesy/Appsflyer PR)
February 5, 2025, 5:44 pm
Israeli adtech unicorn AppsFlyer to cut 100 roles as it eyes US public listing
AppsFlyer seeks to streamline products and invest in AI tools; Innoviz, a maker of sensors for self-driving cars, will cut 9% of its workforce to save $12 million in 2025
By Sharon Wrobel
One Zero digital bank's securities platform. (Courtesy)
September 9, 2024, 6:14 pm
Israel’s One Zero bank halts expansion plans in Italy, lays off employees due to war
One Zero to let go 20 of its 350 staff; postpones plan to create digital bank with Italy’s Banca Generali due to unfavorable geopolitical environment
By Sharon Wrobel
An undated photo of a Stratasys F900 3D printer. (Business Wire via AP)
August 29, 2024, 9:18 pm
3D printing firm Stratasys to slash 15% of its workforce, including 80 jobs in Israel
Company says global cuts aim to generate $40 million in annual cost savings as it is struggling to attract new capital investments
By Sharon Wrobel
Illustrative. An employee works in the tech sector. (Hadas Porush/ Flash90)
August 11, 2024, 1:43 am
Layoffs resume as Israeli high-tech industry struggles to thrive in dark times
Fraught politics and the Gaza war are harming Israel’s technology sector, but the US is also seeing a downturn, while Europe is closing in on both of them — and fast
By Tani Goldstein
Lightricks' Facetune app. (Courtesy)
July 1, 2024, 7:59 pm
Israeli app developer cuts 12% of its workforce to focus on AI tools to create movies
Lightricks, the Israeli startup behind Facetune and Photoleap, will lay off 70 employees; says it seeks to hire dozens of AI experts mainly in Israel
By Sharon Wrobel
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