Economy

A new analysis shows a decline in the number of employees in the sector. At the same time, US bond yields are jumping to a year-and-a-half high, and inflation in Israel is rising again, casting doubt on the next move by the Bank of Israel.

German automotive giant Volkswagen is laying off hundreds of managers as the industry struggles with Chinese competition. Recruitment experts warn that the market cannot absorb this influx of senior staff.

The path to a career starts here. Today you are watching the broadcast; tomorrow you might be a part of it. The Media Academy at Channel 14 trains the next generation of Israeli media professionals within a real-world news environment.

Logistics firm ehouse is expanding its operations with a new complex in Haifa, costing half a million shekels annually. The company is currently recruiting new staff for various service and logistics roles in the northern region.

Looking for your next career move this summer? We have compiled a list of high-tech companies that are currently hiring and offering summer camps or office activities for employees' children in August.

Applicants for vocational training living stipends have found the Ministry of Labor's portal closed, as the annual budget was exhausted mid-year. The Ministry has requested additional funding.

In recent years, Malka has been leading efforts to promote the status of engineers in Israel and is working to expand the scope of modern collective agreements for the profession.

More than 26,000 soldiers have been wounded since the outbreak of the Iron Swords war. For their successful long-term rehabilitation, integration into the labor market is as critical as medical care.

Following the management's decision to reassign IT staff to branches and alter remote work policies, the workers' committee has announced an escalation of industrial action. Measures include freezing activity in the Jira task management system and halting all non-essential corporate communication.

Worrying data reveals the scale of the deep crisis in the local technology sector, as a significant portion of those laid off are considering leaving the industry due to fears for their professional future.

The "Bye-Tech" event brings together former high-tech employees who traded high salaries for careers in social work, education, and agriculture, seeking to find greater meaning in their professional lives.

A wave of layoffs has hit the Israeli high-tech sector, affecting over 10,000 employees this year. Experts provide essential advice on how to manage stock options to avoid tax pitfalls and financial losses.

Arbex, the new international company formed by the strategic partnership of Kimberly-Clark and Suzano, has officially launched in Israel. Liat Kedar-Feigin has been appointed as the CEO for the local market.

Major companies like Palo Alto Networks and Nvidia continue to hire extensively in Israel despite industry-wide layoffs. The AI revolution is reshaping candidate requirements, emphasizing deep engineering knowledge and proficiency in AI tools.

Rehabilitating Israel's North requires more than just infrastructure repairs; it demands investment in human capital. The 'Zafon Tech' project offers training in high-demand fields to strengthen the region.

Transitioning to retirement requires a shift from an accumulation paradigm to a withdrawal one. There are two primary mechanisms: the lifetime pension annuity and the 'annona' (regular withdrawal). Experts explain the differences in taxation, flexibility, and risk, helping retirees balance guaranteed income with control over their capital.

The Israeli airline El Al is undergoing a major strategic transformation to strengthen its brand and improve customer experience. Nadav Hanin, VP of Marketing and Digital, has been named Marketer of the Month.

Tax Authority Director Shay Aharonovich is considering raising the tax on employee options from 25% to 30%. Critics warn that this move could drive away talent and harm the high-tech sector.

A study by Globes and the Israeli Citizens' Empowerment Center reveals that excessive formalization and a cumbersome appeals mechanism in the civil service are blocking the recruitment of qualified professionals. In 2024, there was one appeal for every 4.2 tenders.

The Israel Bidur group is undergoing rapid leadership changes following its acquisition by Assaf Rappaport and a group of investors. Within 24 hours, two senior executives have left the company: following CEO Idan Elrom, COO Bar Grinstein has also stepped down.

Visa has announced the layoff of approximately 2,600 employees, representing 7% of its global workforce, despite reporting robust financial results for the third quarter of fiscal year 2026.

After announcing her departure from Channel 12 News: Maayan Parti has been appointed as the spokesperson for the Histadrut • She will begin her role on September 1st • Parti, who was the consumer affairs reporter for Channel 12, will step into the shoes of Yaniv Levi, who served as the head of the public relations department and requested to end his tenure.

Electronic Arts (EA) laid off employees at four game studios as part of a "reorganization," while CEO Andrew Wilson's annual compensation package jumped by $8 million compared to the previous year.

Goldman Sachs will pay a former employee $1.963 million in compensation after an English court ruled he was unfairly dismissed. The ruling followed the employee's six-month parental leave.

After a year of slowing hiring, companies in technology, transportation, and defense industries now say they need additional workers to work alongside artificial intelligence.

The Histadrut has demanded that Arkia owners, the Nakash brothers, ensure that any sale of the airline includes a condition to continue flights on Shabbat. The union fears that a deal with Haredi investors could jeopardize the company's financial stability.

Advocate Yair Treibish, who specializes in the realization of medical rights, shared on social media a new decision regarding a client, granting him a monthly allowance for an additional period.

A decline in wages, delays in studies, and career stagnation: A new study by the Taub Center warns of the long-term consequences of prolonged service since October 7. About 70,000 students served in the reserves in the past year, and the average payment per day of service dropped by about 30%.

You celebrated too early: the Minister of Labor has not yet signed the extension order, and upcoming convalescence pay will be paid at the old rate. When will you see the increase, what are you entitled to based on seniority, and which measure from the previous two years has been completely canceled? We set the record straight.

The Merrie England chain has immediately closed all 7 of its branches after 60 years of operation. The company attributed the decision to rising costs and declining customer spending, resulting in the layoff of dozens of employees.

After many years of leadership at the company owned by Kibbutz Zikim, veteran CEO Kobi Poda is retiring. Dror Morad has been appointed as his successor to lead the group's business strategy.

Pinchas Idan, chairman of the Israel Airports Authority workers' union, highlighted the severe labor shortage facing the airport during the peak tourist season.

A new study sheds light on an expanding phenomenon in the modern labor market, revealing that the average employee wastes about 5 hours a week just to appear busy in front of management instead of working.

A new collective agreement signed between the Histadrut, the Center for Local Government, and the Forum of the Three Largest Cities includes wage increases for various roles, a doubling of management supplements, and bonuses of thousands of shekels. Some payments will be made retroactively.

To receive recognition from the National Insurance Institute, an employee must prove that an unusual event occurred at the workplace. An attorney explains the recommended course of action.

20 years of career — and an empty profile. What we discovered after hundreds of conversations with senior marketing managers, and why the real barrier is not time.

The Small and Medium Business Agency has launched a 9 million shekel grant program, through which the state will fund 35% of investments in computerization, digitization, automation, and artificial intelligence. The program is intended for businesses with a turnover of up to 100 million shekels in the trade, services, and industry sectors.

Austin Franco, a student at Cornell University, rejected a job offer due to the manager's identity and is now complaining that he cannot find work, claiming the Jewish community 'overreacted.' British journalist Piers Morgan confronted him on live television.

The Histadrut and the Ministry of Finance have signed a six-year collective agreement for Israel Fire and Rescue Services employees. The deal includes salary increases of thousands of shekels, bonuses, improved retirement terms, and disability insurance coverage.

Since July 2024, fewer than 1,000 foreign workers for the renovation industry have arrived in Israel via the bilateral route, out of a quota of 5,000. Now, the Population and Immigration Authority is approving a temporary procedure that will allow for rapid bringing, directly and not through the existing route. The entry of workers to Israel via this route will be possible only until the beginning...