Workers

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

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

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


In Europe, employers will be required to disclose salaries right at the start of recruitment

A new policy in Europe requires employers to provide candidates with a starting salary or a salary range right at the beginning of the recruitment process.

Illustration: A telephone interview for the purpose of job recruitment

Sanctions at ILA Haifa: Public reception has been suspended

A year after Haifa's Sail Tower was struck by an Iranian missile and staff relocated, the Finance Ministry cancelled their half-hour adaptation period.

The Sail Tower before the missile strike

After Wix: Elementor fires about 30% of its employees

Only a month after the massive cuts at Wix, the website development company Elementor joins the wave and will part ways with about 100 employees.

Another website development company is laying off employees

Employee fired after 7 years for taking home two board games

The court ordered the reinstatement of an employee who was fired under the claim that he stole two board games from the company, which he found in the restroom and the kitchenette.

Monopoly

A company sued an employee claiming industrial espionage and fictitious sick days

The employee claimed that his wages were withheld and that he was fired via a WhatsApp message.

A company sued an employee for NIS 600 thousand claiming industrial espionage and fictitious sick days

Shockwave in tech: The giant company parted ways with 21,000 employees within a year

Oracle recorded a sharp 13% drop in its number of employees during the 2026 fiscal year, following strategic changes and a transition to artificial intelligence.

Oracle

Hundreds of shekels a year: The increase that will affect the pocket of every worker in Israel

After two years of freezes and cuts in the shadow of the war, an agreement was signed to update convalescence pay in the private sector to NIS 451.5 per day. How much will you gain from the move?

A new collective agreement to update the convalescence pay rate for workers in the private sector

Hamas is preventing Gazan contractors from crossing Yellow Line to rebuild Rafah - report

The contractors were threatened at gunpoint by Hamas militants, who refused to permit them passage to the site. The contractors, who came from various parts of the Strip, were forcibly turned away.

YOUNG PALESTINIAN workers break up concrete while working on rubble in Khan Yunis, in the southern Gaza Strip.

Burger King to deploy AI that monitors employee "friendliness"

Burger King is expanding AI use with a voice assistant in employee headsets, helping with meal prep, inventory, and analyzing how staff interact with customers.

Burger King. The AI will monitor friendliness.

From innovation to oversight: Why AI demands board attention - opinion

AI is transforming enterprise risk faster than boards can adapt. Productivity gains may follow, but only after substantial structural change.

AI in the workplace