Lays

Israel Aerospace Industries (IAI) today held a cornerstone laying ceremony for the construction of its new land military systems development and production center in Beersheva, which will house 500 employees. IAI's land…

Israeli laser (LiDAR) sensor developer Innoviz Technologies Ltd. (Nasdaq: INVZ) announced today that it is laying off dozens of employees, comprising 13% of its workforce. The company's LiDAR sensor are a vital device in…

The Israeli company is making the cuts due to the cancellation of the development of Nova Legends, which did not achieve its targets. Israeli video gaming company…

Arm Holdings Plc has recently laid off over 70 software engineers in China though it will relocate some of the roles outside of the Asian nation, according to people with knowledge of the move.  The British firm’s actions mirrored those…

Nonfungible token (NFT) marketplace OpenSea announced on Nov. 3 that it was laying off employees. Co-founder and CEO Devin Finzer broke the news on X (formerly Twitter), saying the company was launching OpenSea 2.0 with a smaller…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Hospitals in Gaza are likely to run out of fuel within 24 hours, putting the lives of thousands of patients at…

New York’s blockchain company, R3, has reduced its workforce by over 20% as a cost-saving measure due to lower-than-expected adoption rates in the financial sector. Bloomberg reported that while R3 have seen potential with central banks,…

Israeli medical robotics company XACT Robotics has announced to its 65 employees that it is shutting down and laying off everybody. Most employees were unaware of the troubled state of the company and some were even hired…

Involved Share on Twitter Post on LinkedIn Share on Telegram Copy link The link has been copied Binance is said to be laying off more than 1,000 employees as part of a…

© Reuters. FILE PHOTO: The Google LLC logo is seen at the Google Store Chelsea in Manhattan, New York City, US, November 17, 2021. REUTERS/Andrew Kelly/File Photo (Reuters) - Alphabet-owned Google (NASDAQ) said on Tuesday it will…