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R&D centers

File: A PayPal sign is shown in San Jose, California, March 10, 2015. (AP Photo/Jeff Chiu)
September 3, 2026, 8:55 pm
US payments giant PayPal set to slash about a quarter of its employees in Israel
PayPal, which employs some 300 people in the country, is poised to cut around 70 employees at its Tel Aviv-based development center amid global layoffs to reduce costs, invest in AI
By Sharon Wrobel
Fiverr employees at work in its Tel Aviv offices, August 6, 2017 (Shoshanna Solomon/Times of Israel)
July 3, 2026, 12:53 am
Strong shekel makes Israeli tech workers pricier than their US counterparts, study shows
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
By Sharon Wrobel
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
Fairmatic founder and CEO Jonathan Matus. (Courtesy)
March 23, 2023, 9:08 pm
Israeli-American tech CEO opens first R&D center in Tel Aviv amid judicial jitters
Insurtech startup Fairmatic founder says new hires seek relocation options amid fears planned judicial changes will turn Israel into a dictatorship
By Sharon Wrobel
As far as the eye can see: the Tel Aviv view from the Azrieli observatory (photo: Courtesy)
From the WebNovember 7, 2018, 3:02 pm
Audi mulls setting up Israel R&D center
Globes: The German carmaker is building a fleet of vehicles in Europe equipped with software that includes machine learning, environmental perception and mapping skills
Apple's new Herzliya R&D center (Photo credit: Courtesy)
September 27, 2018, 5:08 pm
As multinationals multiply, Israel seeks balance between good and bad
From 2014 through mid-2018, some 117 multinational corporations set up local R&D centers, Start-Up Nation Central data shows. Not everyone is thrilled
By Shoshanna Solomon
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