Unemployment

Wix cuts 20% of its employees citing shekel-dollar exchange rate, AI implementation

According to the CEO, the fact that the company has shekel-dominated costs and dollar-denominated revenue made it impossible to keep its current operations running without cutting back.

: In this photo illustration, a person holds a smartphone displaying the logo of Wix.com Ltd. (NASDAQ: WIX), a cloud-based web development platform, in front of a screen showing the company's branding on July 31, 2025.
(ILLUSTRATIVE) A logo of Meta AI sits outside the Meta House on the opening day of the 55th annual meeting of the World Economic Forum in Davos, Switzerland, January 20, 2025.

Behind the layoff headlines lies a more complex reality - opinion

 A voter holds his proof of Kuwaiti citizenship upon arriving at a polling station during parliamentary elections in Kuwait City on June 6, 2023.

Major change in Kuwaiti citizenship laws sees thousands lose nationality

Jerusalem's Mahane Yehuda market bustles as the war in Iran rages, March 5, 2026

Israel registered 37% less unpaid leave applications than in previous Iran war, report reveals


Coronavirus severely impacts employees with disabilities, survey suggests

The unemployment rate among employees with disabilities was 41% in February before the corona outbreak, and has since increased to 62% in October, according to the survey.

A protective face mask is seen as curbs to fight the spread of coronavirus disease (COVID-19) have been reimposed after a rise in new cases, at Zikim beach in southern Israel July 21, 2020. Picture taken July 21, 2020.

World Bank warns of $760m. Palestinian Authority funding deficit in 2020

Despite the COVID-19 pandemic, the PA could be forced to cut basic services, including medical ones, unless it found a way to make up the shortfall.

A participant stands near a logo of World Bank at the International Monetary Fund - World Bank Annual Meeting 2018

Unemployment in Israel at 22.7% with 938,000 people jobless

Unemployment during lockdown in October was nearly double what it was in September.

Israel Police prepare for new coronavirus lockdown regulations, Sept. 25, 2020

The chief justice, employees, employers and coronavirus

A ‘Magazine’ exclusive on Varda Wirth Livne, the woman attempting to hold the workplace world together

Labor courts are dealing with many challenges and crises all hitting at the same time.

Gas and Oil companies shed workers to survive effect of coronavirus

More than 400,000 oil and gas sector jobs have been cut this year with about half of those in the US.

The Chevron Pascagoula Refinery is pictured as Tropical Storm Gordon approaches Pascagoula, Mississippi, US, September 4, 2018.

Almost 1m. Israelis unemployed, half below the age of 34

The report revealed that during the month of September, both women and young people were more likely to file for unemployment, and at rates higher than even during the first wave.

Members of the Unemployed Union in Israel protest outside the Tel Aviv Government Complex, calling for financial support from the government, July 13, 2020.

COVID-19 lockdown may last over a month: How will Israelis be affected?

909,460 Israelis are currently unemployed, according to the Employment Service.

Israelis wait for the light rail on Jaffa Street. September 30, 2020.

Emergency program launched to boost training, jobs amid COVID-19 crisis

Successful applicants could be awarded grants for training and recruitment for up to NIS 45,000, though 75% of the grant will be provided when the program's graduates are hired.

A businessperson working at his computer (Illustrative)

Government offers NIS 1 billion to help businesses

The eight-part plan includes grants of NIS 5,000 per employee not sent to unpaid leave.

Finance Minister Israel Katz at a meeting of the Finance Committee, July 20, 2020

Treasury report predicts deficit increase and high unemployment

The report indicates that taxes must be raised and spending cut between 2021 and 2023.

Finance Minister Israel Katz at a meeting of the Finance Committee, July 20, 2020