Employment
AI bet goes awry: Oracle fires 21,000 employees
Oracle laid off ~13% of its staff to fund a $300B computing deal with OpenAI. Now, a credit downgrade and $7B in required power grid guarantees put the massive project in jeopardy.
Relocate or resign: Samsung gives hundreds of US employees an ultimatum
Thousands of Google employees demand fair layoffs
The labor market has not yet recovered from the war
Being fired decreases your salary by 26% over 11 years, Finance Ministry reveals
The chances of an employee who has been fired being hired decrease by 25% in the first year after they are fired, and drop 7% in the long-run.
For the first time in Israel: Caesar Hotels chain to encourage service with prize vouchers
Caesar Hotels' management launches a special campaign to improve service levels by allowing guests to reward hotel staff with financial vouchers for activities that meet their satisfaction.
Lauder Center Kicks Off Season with Tzvika Hadar's Performance in Negev
Hundreds of students enjoy the performance at Lauder Employment Center in Negev, endorsing the revival of Southern Israel's communities.
CBS: Real average wages up 4.4% from last year, down from March
Average wages for Israeli workers were down in April of 2024 when compared to March 2024.
Former Meta engineer sues company saying he was fired over handling of Gaza content
The ex-employee alleged that after finding a short video posted by a Palestinian photojournalist of a destroyed Gaza building, it was classified as pornographic.
Isracard opens customer service center at Ruppin campus, recruiting dozens of students
In a move to address the current challenge of employee recruitment, Isracard is establishing a unique customer service center within the Ruppin campus.
Civil Service Commissioner tours Lauder Employment Center in Beersheba
The Lauder Employment Center was established by Jewish philanthropist and World Jewish Congress President Ronald Lauder in cooperation with the Jewish National Fund USA.
Israeli average real wages increase slightly in March 2024 - CBS
The average salary for Israeli employees was NIS 14,108 in March 2024.
Nvidia purchases Israeli workload management startup provider
NVIDIA acquires Israeli startup Run:ai. Prior, it acquired Mellanox Technologies, expanding tech presence in Israel. NVIDIA focuses on diversity, innovation, and AI advancement.
Lauder Center holds job fair for residents of Israel's north
Participants in the event enjoyed a special lecture by Israeli artist Lior Kalfon.
