Unemployment

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

Israeli tech giant monday.com announced a major organizational restructuring that will see 620 employees leave the company worldwide as it shifts focus toward an AI-based work platform.

monday.com's co-CEOs, Roy Mann and Eran Zinman
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

Mark Zuckerberg

Meta sued: AI helped choose whom to lay off, but missed an important detail


The dirty trick behind the massive tech layoffs

CEOs are blaming the massive waves of layoffs on AI implementation, but real data proves exactly the opposite: Companies that adopted AI with high intensity increased their workforce by 10%.

Mark Zuckerberg

Israeli unemployment rates rising in hi-tech with the advancement of artificial intelligence

Inbal Mashash, director general of the Israel Employment Service, spoke on Tuesday with Anat Davidov on the program 'Where the Money Is' and addressed the worrying trend.

Tech layoffs are the key to change in education in Israel

Severe report: Historical peak in the number of unemployed tech workers

The Employment Service links the historic unemployment surge to AI, but experts blame downsizings on high interest rates, a weak dollar, and past over-hiring by companies.

A man writing a code on his conputer

Israeli employment rates dropped in May, Central Bureau of Statistics labor force survey reveals

According to the CBS Labor Force Survey Data for May 2026, a total of 4,469,000 Israelis were considered in the workforce (61.6%), of whom 126,500 (2.8%) were unemployed.

People looking for work as unemployment rises

Working from home? You are at high risk of layoffs

While everyone is afraid that AI will take their jobs, new data from Gallup points precisely to another group that stands out among those laid off: Employees who worked fully remotely.

A woman working from home

Tech workers laid off and collapsing under the mortgage burden

Crash course: The AI and the dollar are emptying the tech sector, and mortgages are threatening those laid off.

The number of unemployed individuals has doubled since 2022, reaching 16,000 last December

After Wix: Elementor fires about 30% of its employees

Only a month after the massive cuts at Wix, the website development company Elementor joins the wave and will part ways with about 100 employees.

Another website development company is laying off employees

Shockwave in tech: The giant company parted ways with 21,000 employees within a year

Oracle recorded a sharp 13% drop in its number of employees during the 2026 fiscal year, following strategic changes and a transition to artificial intelligence.

Oracle

The heavy price of wars: The workers repeatedly pushed out of the labor market

More than 70% of the women who lost their jobs during the 2026 Iran War were also harmed in another emergency crisis in the last six years.

The Jerusalem Employment Service branch, December 2020

The historic opportunity hidden within the tech layoff wave

In a reality where there are many laid–off tech workers and an immense shortage of science teachers: It is time for the government to build a real bridge between the technology world and schools.

Tech layoffs are the key to change in education in Israel