Employment

The company says it is making structural adjustments, mainly in the development department.

Sources tell "Globes" that many dozens of employees have been summoned to hearings in a wave of layoffs that will see the production plant in Kiryat Gat hit hard.

Nvidia is fast on the way to overtaking Intel as Israel's biggest private tech employer but as a manufacturer Intel could still remain much more valuable to Israel's economy.

The average wage in Israel in May 2025 was NIS 13,428, according to initial estimates by the Central Bureau of Statistics.

Intel VP manufacturing Naga Chandrasekaran said the company will cut 15%-20% of its production workforce worldwide, starting July, "Oregon Live" reports.

Benny Landa's nano-graphic digital printing company is laying off over 20% of its workforce after a fall in sales.

The cities at the bottom are mainly haredi and Arab, the National Insurance Institute reports.

The average monthly wage in Israel fell to NIS 13,907 in April 2025 from NIS 14,672 in March, the Central Bureau of Statistics reports.

The net salary of Israel's security forces could be cut by hundreds of shekels per month starting with the July salary.

Nearly 200 employees at the e-commerce giant's offices in Netanya will lose their jobs.

The Israeli pharmaceutical company's 3,000 layoffs will help the company achieve its targets for growth and higher profitability.

Industry experts agree that Intel staff dismissed in Israel will have no trouble finding work at rivals like Nvidia, as happened during last year's layoffs.

"Bloomberg" reports that new CEO Lip-Bu Tan will announce the layoffs this week.

With thousands of tech employees leaving Israel, the Innovation Authority proposes measures that could reverse the trend.

Amid increased relocation, Israel's tech workforce has contracted for the first time in over a decade, the Israel Innovation Authority reports.

The monthly minimum wage in Israel will be revised upwards by 6%.

The average wage of an Israeli employee rose by 5.1% in 2024, compared with 2023, the Central Bureau of Statistics reports.

Ethosia CEO Eyal Solomon says the proportion of "ghost" jobs - vacancies that have been advertised but not filled and continue to appear on the company's website - has jumped dramatically in recent years.

Despite inflation tech salaries are declining, the Central Bureau of Statistics reports.

Tech companies in Israel have cut back on hiring juniors, as AI is already quicker, cheaper and more accurate in writing code, than computer science graduates.

Since October 7th, discrimination and alienation are driving more and more Israeli Arabs to emigrate. "Globes" talks to some who have decided to leave.

The unemployment rate in Israel fell to 2.6% in January 2025, after seasonal adjustment, from 2.7% in December 2024, the Central Bureau of Statistics reports.

Meta (Facebook) is simultaneously laying off 5% of its employees at all the company's centers worldwide including in Israel.

Placement experts tell "Globes" that in contrast to last year's layoffs because of the war, the latest downsizing is by strong and profitable companies.

Israeli adtech company AppsFlyer is laying off 100 employees, in a streamlining move in order to stay “flexible, innovative, and focused on long-term success."

In December 2024, the average monthly wage in Israel was up 4.4% from December 2023, the Central Bureau of Statistics reports.

The company, with about 2,500 employees worldwide, is one of Israel's most secretive and profitable companies.

The average job search time for a junior with less than two years of experience has increased to 11 months, placement agency Ethosia reports.

Founded in Tel Aviv, the business banking solutions and services company is firing 20% of employees in its Israel development center.

While the war continues on two fronts, the job market remains tight and at full employment.