High tech
After firing 600 workers monday.com CEOs seek double pay
The two are asking the shareholders to approve a plan whereby their compensation could gradually rise from $7.3 million in 2025 to $14.6 million each in 2029
Tel Aviv among world’s most expensive for employers, least lucrative for employees
Israel defense-tech hiring jumps 20% as AI layoffs spread among high-tech sector
Oxygen of NIS 1B for hi-tech: Who will receive state aid and who will be left out?
Aligned is raising $60 million
After being ranked at the top of G2's summer reports, the Israeli company Aligned signs an impressive Series B funding round.
Ability Industries, two officials indicted in NIS 35m. defense-export case
Prosecutors charged the company and two officials with aggravated smuggling offenses and unlicensed defense marketing.
Israel launches NIS 1.6b. package to support exporters, hi-tech
Finance officials said the plan offers immediate relief, but warned companies must also improve efficiency and adapt to the stronger shekel.
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.
Smotrich launches NIS 1.6 billion aid plan for high-tech and exporters
The Ministry of Finance will inject NIS 1 billion to save startups from closing, and will distribute hundreds of millions more to industrial plants.
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.
The rate of young Haredim in tech has tripled
While the issue of Haredi conscription continues to agitate Israel, a first-of-its-kind study reveals a significant leap in the integration of Haredim into the tech sector.
Record of leading Israeli companies in LGBT equality
Alongside pride and institutionalized chapters, the data on the ground is concerning: 35% fear harm to promotion, and a quarter of employers refuse to employ transgender people.
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.
Valued at $250 billion: Tel Aviv ranks fourth among world cities
According to a report by the international rating firm Start-up Genome, startup activity is concentrated in the fields of artificial intelligence, cybersecurity, and life sciences.
