Employees

Canada plans to enshrine the “right to disconnect” in the 2024 Budget Act — the right to refuse to contact the president after business hours. The importance is that employees will have the right not to perform…

Recent revelations from internal meetings at Meta, the parent company of Facebook and Instagram, have shed light on discussions among managers, lawyers, and engineers regarding the potential acquisition of Simon & Schuster to…

If you work an office job, perhaps it’s happened to you. You didn’t get enough sleep last night. You’ve powered through the morning, yet your to-do list stretches on. You’re moving a bit slower, sated from lunch. Your computer screen…

After replacing its CEO Tom Livne with Yair Amsterdam, Israeli captioning and transcription solutions company Verbit began laying off dozens of employees today including 20 in Israel. The company has 500 employees…

Israeli startup Namogoo is laying off nearly 30 of its 70 employees, who have been summoned to a hearing, sources inform "Globes." This is the Herzliya-based company's third round of layoffs since 2022 as it undergoes…

Israeli solar energy company SolarEdge Technologies (Nasdaq: SEDG) is laying off 900 employees including 550 in Israel, the company has announced. This represents about 16% of the company's workforce and follows weak…

Israeli mobile games developer Playtika Holding Corp. (Nasdaq: PLTK) has begun 2024 by firing 10% of its workforce - 400 employees are being laid off. A source close to the company has told "Globes" that Playtika is…

Spencer Platt/Getty Images News Spotify Technology (NYSE:SPOT) is laying off about 17% of its workforce to reduce costs, marking the third round of layoffs for the company this year. In January, the music streaming service provider said…

The share price of Magic Software Enterprises (TASE: MGIC; Nasdaq: MGIC) fell by 19.8% yesterday and by a further 1.84% today after the company reported disappointing preliminary third quarter results, and warned that the…

US software giant Microsoft, which has some 3,000 employees in Israel, informed them by email today that it intends to give each of them $3,000 for their personal use, because of the war in the Gaza Strip. The…