Economy

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...

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.

Globes has learned that David Anolik, CEO of the strategic consulting firm Gitam, will be appointed CEO of Israel Bidur, a leading Israeli media group. The company recently received investment from the Marriott fund, led by Waze founders, including Asaf Rappaport.

Alexandra Lukash is leaving ynet after 15 years to anchor news on Channel 16, joined by former News 13 correspondent Rotem Golan.

Bank Hapoalim and the board of directors of Peilim Portfolio Management have approved the appointment of Eyal Reuven (48) as the company's CEO. He succeeds Avishai Kruani, who recently announced his departure.

While many tech companies are cutting staff due to AI adoption, defense-tech startups are actively expanding and increasing salaries. A GotFriends report attributes this to global security shifts and rising demand for defense technologies.

A new report by Adecco suggests that the labor market is transforming through the redesign of processes in the AI era. A new management role is emerging: the Workforce Orchestrator, responsible for managing the division of labor between humans and AI agents.

Accounting firm KPMG has implemented an intern training program featuring exercises in critical thinking and decision-making to prepare employees for the AI era.

Although the Tax Authority announced a renewal of activity in the city a week and a half ago, the Histadrut reiterated that employees will not return to the field. The chairman of the State Employees Union warned the Tax Authority director: "We will not hesitate to use all means until a safe and protected work environment is ensured."

Flexibility, community, and an exceptional experience: the Israeli high-tech work environment is undergoing a dramatic change. Eyal Green, CEO of Atidim Park, presents the vision for the next generation of offices and explains why old buildings are already being left behind.

Just before the change of control in the real estate company, the outgoing controlling shareholder Chaim Katzman is seeking to accelerate the appointment of Keren Khalifa as CEO. If she is fired after the transfer of control to Tzahi Abu and his partners, Khalifa will receive a bonus of 200% of her annual salary.

Pinchas Idan has warned of severe congestion expected at the airport ahead of the peak summer season due to a staff shortage. He claims the facility is missing about 400 employees, while recruitment remains difficult. The Israel Airports Authority management has denied these claims, which follow recent external disruptions at the airport.

While the high-tech sector saw only a 6% increase in new jobs, the Defense Tech field recorded a 40% jump in the first half of 2026, alongside rising salaries ranging mostly between 35,000 and 45,000 shekels per month. Data from the SQlink group shows that demand is focused on AI, cyber, and Embedded systems, with more tech professionals now open to opportunities in the defense industries.

SUPERMARKETING is a series that introduces you to the people leading the marketing world in Israel. This time: Efrat Braunstein, VP of Marketing at Leket Israel.

The penetration of AI is pushing workers aged 50 and over out of the labor market with no way back. The state refuses to invest in appropriate training and will pay dearly in unemployment benefits and lost tax revenue.

Following shareholder opposition and an updated proposal, Yigal Damri's compensation terms were approved by a narrow margin. Here are the details of the new agreement.

Doral's market value has increased sixfold since Yoni Hantzis took office as CEO. The company is now proposing to increase his annual compensation package by 78%, to 7.4 million shekels.

Former Attorney General Prof. Avichai Mandelblit has been appointed Dean of the Faculty of Law at the Ramat Gan Academic College. The faculty was recently launched following approval from the Council for Higher Education.

The former Attorney General, who previously served as Cabinet Secretary and Military Advocate General, is opening a new chapter in his career. In his new role, he will lead the Faculty of Law at the Ramat Gan Academic College.

Professor Avichai Mandelblit, former Attorney General and one of the most prominent figures in the Israeli legal system over the last decade, has been appointed Dean of the Faculty of Law at the Ramat Gan Academic College.

German luxury car manufacturer Porsche announced it will cut 5,000 jobs by 2035 as part of a new efficiency package. This represents approximately 12% of the company's total workforce.

Prof. Amnon Shashua stated that Mobileye will focus on recruiting abroad, noting that having 90% of staff in Israel is a disadvantage. He did not rule out a non-Israeli CEO and hinted that no further layoffs are expected at this time.

The Union of Social Workers at the Histadrut has declared a labor dispute in local government, affecting approximately 7,400 employees. The union claims that the implementation of the Social Services for People with Disabilities Law has added significant burdens without sufficient additional staff, leading to burnout.

The Knesset has approved an amendment to the Annual Leave Law, allowing employees to use a 'choice day' to attend a memorial service for a first-degree relative who passed away under civilian circumstances.

A new collective agreement signed between the Histadrut and SAP management covers 800 employees, ensuring enhanced retirement conditions, remote work regulations, and a 4.5% increase in welfare budgets.

Passengers of the "Tnufa" company are expected to be affected today (Monday) by a five-hour warning strike, after hundreds of drivers and employees announced that they would halt the operation of the lines in protest against an ongoing crisis in the company.

Working from home offers freedom from office politics and commuting, but requires discipline. To maintain productivity, it is essential to establish clear boundaries, use goal-setting tools, and adhere to cybersecurity practices.

Massivit is strengthening its position in the security and aviation sectors by appointing Nir Salomon as Head of Global Business Development, following the opening of a service center in Barcelona.

Mass layoffs in Israel's high-tech sector, driven by AI integration and economic instability, are shattering the 'psychological contract' between employees and the industry, leading to a deep identity crisis.

The Board of Directors of Israel Railways has decided that Avshalom Elmalich will serve as acting CEO. Elmalich, currently the VP of Planning and Operations, previously held the role until taking medical leave earlier this year.

The veteran pharmaceutical company Trima, founded 85 years ago, is shutting down its production operations. The company had been reporting annual losses of 10-20 million shekels.

The gap between the education system and the economy hits the middle class again: a new AllJobs survey reveals the true price of summer - every extra day at home is deducted directly from the salary.

Starting August 3, a large-scale recruitment drive will begin for tens of thousands of workers for various roles ahead of the elections. The salary for polling station secretaries will range from 2,700 to 3,000 shekels, subject to meeting threshold conditions.

Eyal Shina, formerly Chief Investment Officer at Kasem, has been appointed VP of Investments at Pasternak-Shoham. This move is part of the firm's strategic effort to build infrastructure for continued growth.

The Government Companies Authority urges former Monday employees to consider defense industry roles. Also: Eldan's branch redesign and Cellcom's new partnership with HBO Max.

Gabi Rotter, who led the fashion group for decades and was a partner in extensive business moves, will take on the role of Chairman of the Executive Committee of Shenkar College, replacing Yoav Horowitz.

In collaboration with the Central Elections Committee, a major recruitment drive for logistics, ushering, and support roles will begin in about a week, connecting national staffing needs with job seekers across the country.

Following prolonged confrontations, Histadrut Chairman Arnon Bar-David announced the dismissal of Alexandra Krushinski, chair of the MAHAR union for academics in social and human sciences, citing management failures and crises of trust. Krushinski condemned the move as a violation of the members' democratic right to choose their representatives.

About a month and a half ago, the real estate company G City announced the appointment of Keren Khalifa as CEO, replacing Haim Katzman. However, the expected transfer of control and the plans of Tzahi Abu and Kidan Dahari to lead G City in a new direction raise questions regarding the realization of this appointment.

Niv Sarne, who took office as chairman of NewMed Energy on June 1, will replace Yossi Abu as CEO early next week. Abu has led the company for the past 15 years.