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.
monday.com to cut 20% of global workforce, more than 600 employees to be laid off
Relocate or resign: Samsung gives hundreds of US employees an ultimatum
The labor market has not yet recovered from the war
Unemployment in Israel dips to new low
The latest low figures also stem from many Israelis still performing army reserve duty and who are not available for civilian employment.
As Artificial Intelligence advances, what can be expected to follow? - opinion
The clock is ticking. Our choices today will shape whether AI becomes humanity’s greatest achievement or, like the golem of Jewish lore, a force that turns on its master.
Post-October 7: What does a haredi IDF draft look like?
Pre-October 7, draft exemptions were thought to be a solution to the haredi unemployment rate.
Economic recovery faces challenges as labor demand slows
According to manpower survey data from December, the "broad" unemployment rate decreased from around 10% in November to approximately 7.5% in December.
Thousands at risk of unpaid leave over fears of fraud
Employers push for a flexible unemployment benefit to retain employees in reduced positions, potentially saving hundreds of millions, but the state's fear of fraudulent claims hinders its adoption.
This week in Jerusalem: Red or Green?
A weekly round-up of city affairs.
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.
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.
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.
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.
