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


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. 

 A woman is frustrated while working from her computer with notebooks all around her (Illustrative)

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.

 A Kfar Saba citizen walks the runway at the "Extremely Beautiful" fashion show in Kfar Saba on December 12, 2022.

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.

 Low wages, workplace disrespect, no career advancement and employee dissatisfaction have helped contribute quiet quitting, which has become popular on TikTok (Illustrative).

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.

A CYBER hotline facility, part of Israel’s hi-tech innovative sector

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.


As employment rates rise, Israeli economists sound note of cautious optimism

Latest figures show August employment rate is the country’s highest in four years, but fears of a global recession remain.

VARIOUS ISRAELI banknotes are displayed for an illustrative photo. The economy is well on its way to the pre-pandemic standards of budgetary discipline.

Jerusalem: A city bound by poverty

What are the reasons for the capital's situation, and is there a viable way to improve it soon? The first in a series on Jerusalem’s socioeconomic status.

 ABOUT 41% of Jerusalem families suffer from poverty, compared to about 20% in the rest of the country.

A year in, has this government made an impact on the economy?

As we light a solitary birthday candle for Bennett’s current government, here’s a look at a few key factors in the Israeli economy in retrospect.

 Finance Minister Avigdor Liberman chats with Prime Minister Naftali Bennett at the weekly cabinet meeting in Jerusalem on March 20.

End of the line for business owners in Tel Aviv Central Bus Station

Over 1,000 employees face unemployment when Tel Aviv Central Bus Station is closed next month. For business owners who cannot relocate, this means the destruction of their livelihood.

Business owners in the Tel Aviv Central Bus Station are waiting for answers

Plan to offer unemployment benefits for self-employed workers approved

While salaried workers are entitled to unemployment benefits when they lose their livelihoods, self-employed workers are not currently eligible for such benefits.

 Israeli self-employed protest the lack of financial support from the Israeli government in times of Corona, when many find themselves unemployed, on Rothschild Boulevard in Tel Aviv, July 7, 2020.