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tech firms

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
The monday.com team opens trade on the Nasdaq on June 10, 2021 (Nasdaq)
July 22, 2026, 5:56 pm
Israel’s Monday.com lays off 20% of its employees as AI changes how work gets done
Work management software firm says move is not intended to replace workers with AI, but is part of restructuring toward a platform in which human employees and AI agents work together
By Sharon Wrobel
Israeli-founded database software developer Redis' research and development center in Tel Aviv. (Courtesy)
July 13, 2026, 7:56 pm
Israeli-founded data tech unicorn set to slash 25% of its Tel Aviv workforce
Redis, a developer of database software, employs about 1,300 people globally, including some 300 in Israel; is poised to cut about 75 employees from its Tel Aviv R&D center
By Sharon Wrobel
Histadrut labor union chairman Arnon Bar-David (middle) meets with senior representatives of the business sector and representatives of the families of hostages, August 11, 2025. (Courtesy)
August 11, 2025, 10:05 pm
Histadrut labor union won’t join Aug. 17 general strike; tech firms, Bar Association will
Strike urged by hostage families in protest of Gaza City takeover plan won’t help end war, Histadrut argues, though it will support employees who want to take part in rally
By Sharon Wrobel and ToI Staff
File: Ruth Porat speaks onstage during the Stonewall National Monument Visitor Center Groundbreaking Ceremony in New York City, on June 24, 2022. (Monica Schipper/Getty Images via AFP)
July 30, 2023, 11:54 pm
New Google president Ruth Porat has Israeli roots
Porat’s father immigrated to Mandatory Palestine from Ukraine and fought in Independence War; her mother was born en route and grew up in pre-state Israel
By Agencies and ToI Staff
Tel Aviv's financial business district skyline, June 2022. (Elijah Lovkoff via iStock by Getty Images)
December 28, 2022, 6:21 pm
Israeli tech exits plunge 80% to $16.9 billion in 2022, battered by market reality
Number of Israeli tech M&As and IPOs plummets 58% as interest rate and valuation environment push entrepreneurs and investors into a wait-and-see mode
By Sharon Wrobel
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