Unemployment

Wix cuts 20% of its employees citing shekel-dollar exchange rate, AI implementation

According to the CEO, the fact that the company has shekel-dominated costs and dollar-denominated revenue made it impossible to keep its current operations running without cutting back.

: In this photo illustration, a person holds a smartphone displaying the logo of Wix.com Ltd. (NASDAQ: WIX), a cloud-based web development platform, in front of a screen showing the company's branding on July 31, 2025.
(ILLUSTRATIVE) A logo of Meta AI sits outside the Meta House on the opening day of the 55th annual meeting of the World Economic Forum in Davos, Switzerland, January 20, 2025.

Behind the layoff headlines lies a more complex reality - opinion

 A voter holds his proof of Kuwaiti citizenship upon arriving at a polling station during parliamentary elections in Kuwait City on June 6, 2023.

Major change in Kuwaiti citizenship laws sees thousands lose nationality

Jerusalem's Mahane Yehuda market bustles as the war in Iran rages, March 5, 2026

Israel registered 37% less unpaid leave applications than in previous Iran war, report reveals


This week in Jerusalem: Red or Green?

A weekly round-up of city affairs.

 LIGHT RAIL’S Red Line extension: Delayed.

Israel's jobless rate spikes amid conflict with Hamas

The war has led to a significant economic impact in Israel, with the jobless rate reaching nearly 10% in October, driven by temporary work losses affecting over 428,000 individuals.

A beggar sits and asks for money amid the coronavirus crisis, Jerusalem, 2020

18% of workforce absent due to Gaza conflict; Knesset approves business compensation outline

An additional 46,000 workers have been fired or put on unpaid leave as a result of the ongoing war.

 Building workers pouring concrete on the first floor of a new gas station in the Industrial zone of the northern town of Katsrin, Golan Heights on September 9, 2023.

Israeli human resources company HiBob secures $150 mil. in extra funding

Workplaces are constantly evolving, as is the need for businesses to invest in human resource technologies to help manage employees and their work alike.

 HiBob's CEO has managed to collaborate with investors to gain more capital.

Could your job increase your risk of early death? Study says maybe

A new study has found that workers in unstable employment situations may be at risk of early death.

 A stressed worker holds up a sign saying 'help' while surrounded by colleagues in an office.

What to do with your stock options if you are fired - opinion

On the one hand, sellers are exhibiting more flexibility in their negotiations due to market conditions. On the other hand, sellers are proving hesitant to sell all of their shares.

MARKET DATA at the Tel Aviv Stock Exchange.

8 out of 10 working women risk losing their jobs to artificial intelligence

A study reveals that 8 out of 10 working women face higher job loss risks due to the rise of artificial intelligence compared to 6 out of 10 men.

 Is AI putting your job at risk?

Foreign workers in Bahrain face job cuts as government aims for 'Bahrainization'

Many companies in Bahrain are now tending to lay off non-Bahraini employees in jobs that can be filled by citizens, according to their specialization.

Manama, Bahrain

Lebanese women find work, if they can get it, 'senseless' due to economic conditions

Rising unemployment rates are affecting both men and women, but the latter are being hit much harder. Women are losing jobs and being forced into dependency.

Syrian refugee women and children work in a field in Al-Khiam village, near the Israeli border in south Lebanon October 13, 2017.

Palestinian unemployment in West Bank, Gaza Strip on decline - report

The report also indicated that 22% of Palestinian wage employees work in Israel and in settlements in the West Bank

 Palestinian men work in an orchard near Kibbutz Nir Am, southern Israel, February 20, 2022.