Unemployment

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.

Larry Ellison, Co-Founder and Chief Technology Officer of Oracle
monday.com's co-CEOs, Roy Mann and Eran Zinman

monday.com to cut 20% of global workforce, more than 600 employees to be laid off

Samsung

Relocate or resign: Samsung gives hundreds of US employees an ultimatum

The waiters and gardeners returned, the high-tech workers stayed home. Job fair

The labor market has not yet recovered from the war


Gaza war, AI use trigger rising unemployment in Israel's tech sector, Taub Center study finds

The unemployment rate in the industry has risen and exceeded the average in the economy, and in 2024 there was a sharp fall in the number of vacant jobs.

People walk near office towers at a business park also housing high tech companies, at Ofer Park in Petah Tikva, Israel August 27, 2020

Weird trend: Unemployed people pay to pretend they have jobs

A simulated work environment, fake bosses, and lunch included—that’s the daily routine for young people who prefer to pay NIS 185 a month to pretend they have a job rather than admit they don't.

 A Chinese man sitting at his desk

‘Worse than the worst case scenario’: Wall Street reacts to Trump tariffs, S&P index drops 3.9%

Wall Street executives said that investors were withdrawing their money first and asking questions later.

 A Specialist trader works at his post on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 3, 2025.

Nearly three-quarters of Israelis fear they cannot handle employment crisis - study

"The last decade has been characterized by profound changes that have dramatically affected the labor market in Israel and around the world."

"Worthwhile to Work in Jerusalem" employment fair

Fifth of Israelis displaced by war out of work, survey shows

Around a third of Israeli households have reported a fall in their incomes since the start of the war, a proportion that reached as high as 44% among households in the north.

 Smoke billows over northern Israel after rockets were fired from Lebanon, amid ongoing cross-border hostilities between Hezbollah and Israeli forces, by Israel's border with Lebanon, May 17, 2024.

Unemployment rates in Israel fall to 2.6% in January

The unemployment rate remains at historic low levels.

 LOCAL EMPLOYMENT bureau: Network, network, network.

Record numbers of reservists and fewer new jobs: Israel's labor market at war

"The decline in employment among Arabs and haredim is concerning given the well-known challenges these populations face in the labor market," according to a report by the Taub Center.

 A man works in his office (illustrative)

The Talmud says Torah scholars should work. Why do haredi Jews refuse to do so? - opinion

Do non-working haredi men today truly believe that they are more worthy Torah scholars than were the great sages of the Talmudic and subsequent eras?

 Ultra-Orthodox (haredi) women work at Matrix Global, a hi-tech company, in Modi’in Illit.

Job seekers in Israel drop to 165k in November amid post-war recovery

Northern ceasefire hints at job market improvement as Israel’s job seekers decline to lowest since war's start.

The unemployment bureau

Gold prices dip on strong U.S. jobs report

Lower unemployment print reignites talks about inflationary pressures and the Federal Reserve’s focus on jobs.

Gold prices dip on strong U.S. jobs report