Employment
In Israel, Intel fires while Nvidia hires
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.
Teva on course for 2027 targets
The Israeli pharmaceutical company's 3,000 layoffs will help the company achieve its targets for growth and higher profitability.
10% of Israeli tech vacancies are ghost jobs
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.
Unemployment in Israel fell in January
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 lays off 40 in Israel
Meta (Facebook) is simultaneously laying off 5% of its employees at all the company's centers worldwide including in Israel.