ECONOMY

The company expects that the layoffs and other cost cutting measures will reduce annual expenditure by $30 million.

Energy minister Yuval Steinitz's plan calls for investment of NIS 80 billion, mostly on solar power plants and storage installations.

The hope is that the project will breathe new life into the coronavirus-hit tourist city.

Israel Electric Corporation will be able to on-sell its surplus LNG at much lower prices than those of gas piped from Israeli reservoirs.

Prime Minster Benjamin Netanyahu has appealed to Israelis to keep observing social distancing and hygiene rules.

Israeli employers will be entitled to Finance Ministry grants for bringing employees back from unpaid leave, as part of the plan to reduce unemployment.

The Bank of Israel research department sees the economy contracting 4.5% this year but growing 6.8% next year.

The Israeli economy was hit hard by the coronavirus crisis in the first quarter of 2020, the Central Bureau of Statistics reports.

Prof. Amir Yaron told the cabinet of his support for a wider deficit including grants and credit guarantees to open businesses and reduce unemployment.

The coronavirus crisis was the final nail in the coffin of the struggling company and also meant that the factory's 300 employees lost their jobs without being able to put up a fight.

In times like these of extreme uncertainty, it's worth pondering the culture and psychology of risk-taking.

A government report sees many benefits from remote working, but recent experience has not left everyone happy.

With 36 ministers and 16 deputy ministers, the new government will be grotesquely bloated, and Gantz has foregone all influence on economic policy.

Behavioral economist Prof. Ori Heffetz explains why many people cannot understand the magnitude of the coronavirus threat, and why it's a nightmare to stay at home in lockdown.

Yisrael Katz has his own agenda, and little patience for dissenting voices.

The famed tech investor has donated $3 million to fight the virus in Israel and tells "Globes" about the trends and investment opportunities being created.

Former adviser to the prime minister Prof. Rafi Melnick says the deficit is no longer a consideration and the government should inject money, even directly to households.

Our economic leaders show no grasp of the scale of the crisis or of what needs to be done, warns Avi Tiomkin.

How do we ensure that everyone continues to deliver results in this new situation?

As Covid-19 spreads worldwide, here are ten practical measures that employers can take immediately.

Trade expert Prof. Douglas Irwin discusses threats to the world economic order, and how Israel can cope.

Israeli firms doing business with China need to examine their legal remedies for costly disruptions.

Netta Cohen, outgoing CEO of Ben Gurion University tech transfer company BGN, reflects on his 16 years in the job in which technology in Beersheva has flourished.

Research based on advanced sensors has found that open space offices decrease face-to-face interactions between colleagues.

Prof. Omer Moav argues that it's per capita growth that counts, and the 1.3% average annual rise in Moshe Kahlon's tenure as finance minister is below the OECD average.

A forum of Human Resources professionals discusses the challenges posed by the way we work now.