Employment
Tel Aviv among world’s most expensive for employers, least lucrative for employees
Study comparing employment costs across 13 US, European, and Israeli cities finds Tel Aviv ranking second only to San San Francisco.
More employees were hired, but competition is only growing: How the job market looked in July
For the first time: Israeli law recognizes a Family Memorial Day as a protected leave day
Trap of the summer break: Parents face summer with no available vacation days
Elections Committee, Employment Service announce effort to hire thousands of election personnel
Hiring for positions such as polling site staff, technical support workers, logistics personnel, and a variety of others will begin in the next week, according to a joint statement.
AI layoffs mount across Israeli tech companies amid software sector bloodbath
The development of AI in recent years has led to situations where human work is replaced by AI, or AI can do the same job faster or at a lower cost
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.
Relocate or resign: Samsung gives hundreds of US employees an ultimatum
Samsung is relocating its US headquarters from New Jersey to Texas, requiring hundreds of employees to either move more than 2,000 kilometers with the company or leave their jobs.
Thousands of Google employees demand fair layoffs
Over 4,500 Google employees signed a petition against the wave of cuts, demanding a more predictable and fair termination process.
The labor market has not yet recovered from the war
The labor market continues to recover, but the road to the pre–war routine is still long: There were 169,000 job seekers in June.
Meta sued: AI helped choose whom to lay off, but missed an important detail
A total of 26 employees claim that AI systems were utilized by Meta to rank staff ahead of a wave of layoffs, failing to distinguish between a lack of productivity and an approved absence.
NIS 260 million on the way to hundreds of thousands of employees
The Tax Authority is transferring the first installment of the work grant for 2025. the grant includes supplements for parents of toddlers and advance payments for working women over the age of 60.
From NIS 15,000 to the employment bureau: The in-demand profession at risk of extinction
Despite rising salaries and worker shortages, experts warn: Within two years, 90% of bookkeepers will be pushed out of the sector.
63% of roles requiring AI understanding are not in tech at all
An analysis of job postings reveals the extent to which AI has already penetrated the labor market: HR managers, physical therapists, and even truck drivers will be required to know AI tools
