Employment

AI spending spree hits $600b as Oracle fires 21,000 employees to fund boom

Oracle laid off ~13% of its staff to fund a $300B computing deal with OpenAI. Now, a credit downgrade and $7B in required power grid guarantees put the massive project in jeopardy.

Larry Ellison, Co-Founder and Chief Technology Officer of Oracle
Samsung

Relocate or resign: Samsung gives hundreds of US employees an ultimatum

Google CEO Sundar Pichai

Thousands of Google employees demand fair layoffs

The waiters and gardeners returned, the high-tech workers stayed home. Job fair

The labor market has not yet recovered from the war


Meta sued: AI helped choose whom to lay off, but missed an important detail

A total of 26 employees claim that AI systems were utilized by Meta to rank staff ahead of a wave of layoffs, failing to distinguish between a lack of productivity and an approved absence.

Mark Zuckerberg

NIS 260 million on the way to hundreds of thousands of employees

The Tax Authority is transferring the first installment of the work grant for 2025. the grant includes supplements for parents of toddlers and advance payments for working women over the age of 60.

Banknotes in an ATM

From NIS 15,000 to the employment bureau: The in-demand profession at risk of extinction

Despite rising salaries and worker shortages, experts warn: Within two years, 90% of bookkeepers will be pushed out of the sector.

"Within about two years, artificial intelligence agents will perform 90% of the work"

63% of roles requiring AI understanding are not in tech at all

An analysis of job postings reveals the extent to which AI has already penetrated the labor market: HR managers, physical therapists, and even truck drivers will be required to know AI tools

A truck driver using AI

The dirty trick behind the massive tech layoffs

CEOs are blaming the massive waves of layoffs on AI implementation, but real data proves exactly the opposite: Companies that adopted AI with high intensity increased their workforce by 10%.

Mark Zuckerberg

Lost decade: Haredi men's employment stagnates

The employment rate for Haredi men stands at 53% – a figure that represents a decade-long halt and sparks pessimism regarding the achievement of government targets.

Haredim working in high-tech

This is the company that is the best to work for in Israel

CofaceBDi ranking for 2026: Tech dominates with record presence, Israel Aerospace Industries leaps forward, and Nvidia maintains the summit.

First place for three consecutive years. NVIDIA

A 2,267% surge in demand for this profession

Globally, the demand for Claude Code experts jumped by 938%, but in Israel, the numbers are even sharper with a surge of 2,267% within just half a year.

Globally, the demand for Claude Code experts jumped by 938%

These are the big winners from the shortening of the workweek, and these are those who are harmed

A comprehensive study by the Finance Ministry, the Histadrut, and the Joint examined the effects of transitioning to 40 weekly hours in the public sector.

A comprehensive study by the Finance Ministry, the Histadrut, and the Joint examined the effects of transitioning to 40 weekly hours in the public sector

Israeli unemployment rates rising in hi-tech with the advancement of artificial intelligence

Inbal Mashash, director general of the Israel Employment Service, spoke on Tuesday with Anat Davidov on the program 'Where the Money Is' and addressed the worrying trend.

Tech layoffs are the key to change in education in Israel