Unemployment
AI spending spree hits $600b as Oracle fires 21,000 employees to fund boom
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
Hundreds of thousands of Israelis could be laid off without change
The Manufacturers' Association of Israel has warned that if the situation doesn't drastically change, hundreds of thousands of employees will be laid off.
Netanyahu fires 3 drivers who worked for 9 PMs without warning
Netanyahu claimed that the drivers could no longer work with him because he doesn't trust them after they worked for Bennett and Lapid.
Amazon CEO says job cuts to exceed 18,000 roles
The company began letting staff go in November from its devices division, with a source telling Reuters at the time it was targeting around 10,000 cuts.
Mental illness on the rise in Israel - report
Two major triggers for mental distress are loneliness and economic distress.
Arab world sees highest unemployment rate
With the global economic recovery in the wake of the COVID-19 pandemic slowed by the effects of the Russia-Ukraine war, the Arab world has been hit particularly hard.
Layoffs aplenty: How do you avoid losing your job?
The Israeli economy is at the beginning of a widespread wave of layoffs. How do you avoid the naughty list this year? Here are some tips from experts.
Israelis with disabilities show their style in Kfar Saba fashion show
The evening's show is one of several events being put on in December in honor of Disability Awareness Month.
Employees quitting? Here's a way to prevent it from happening - opinion
Many workers felt their voices were not being respected by those in power at their jobs.
Over 740 hi-tech workers laid off in one week; Israeli start-ups blame uncertain global market
This week saw seven Israeli hi-tech layoffs, adding to over 40 layoffs since May.
TaTiO raises $5.3m. for hiring platform focusing on skills, not résumés
The company uses artificial intelligence to assess job seekers’ skill sets, recommending them to employers without the need for old-fashioned resumes.
