Wix CEO blames strong shekel for layoffs
Wix CEO Avishai Abrahami wrote to the company’s employees today, "Today is a sad day for me. We have ...
Tuesday, June 2, 2026
Tag: layoffs
Lightricks perpares for another round of layoffs
Jerusalem-based Lightricks, mainly known as the developer of the Facetune content editing app, which has more than 500 employees, ...
Warren requests GAO investigation into Education Department layoffs
Listen to the article 2 min This audio is auto-generated. Please let us know if you have feedback. Sen. Elizabeth ...
Wix plans 800-1,000 layoffs – Globes
Website development tools company Wix.com (Nasdaq: WIX) plans to lay off between 800 and 1,000 employees, in the largest ...
Discount Bank profit 10% lower, 600 layoffs in 2026
Israel Discount Bank (TASE: DSCT) reported its first quarter results for 2026 today. Net profit was NIS 930 million, ...
AI-related layoffs a boost for stocks? Not necessarily
Artificial intelligence has ushered in a bull run in stocks that has taken the broader market to new heights. Companies ...
See Where Layoffs Hit the US Job Market in 2026 With This Tracker
Nike, Apple and Republic National Distributing Company, a major alcohol distributor in the United States, are among the latest companies ...
What Oracle’s Layoffs Really Signal For B2B Marketing, Sales, And Revenue Operations
This week’s news that Oracle eliminated thousands of roles were while accelerating their AI infrastructure spend is being framed as ...
The real story behind 45,000 tech layoffs: where the money actually goes
The tech sector continues to experience significant workforce reductions, and the framing war over why is arguably more revealing than ...
Meta Could Cut 20% of Its Jobs as AI Costs Pile Up. Should You Buy, Sell, or Hold META Stock Before Layoffs?
Meta (META) is not where it was supposed to be in the AI race. While Anthropic's Claude, Alphabet's (GOOG) (GOOGL) ...
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