The crisis in Israeli high-tech is exacerbating: Hundreds were fired this week in various companies

by time news

The crisis mainly affects the giants, when in one week four companies Yoni Koren (a company worth more than a billion dollars) parted ways with 500 employees. For example, Ituro, which fired 100 out of 1,600 employees, Verbit, which was worth $ 2 billion, fired 10% of the employees, and Leitrix, which is planning an IPO, is currently firing 80 of its employees.

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In addition, it was only today (Wednesday) that it was announced that the start-up company Anode is laying off 35 employees, who constitute 27% of the company’s workforce, and that the Israeli company SQream is laying off 30 employees. The outrageous thing about the whole story is that even behind-the-scenes companies are hiding the crisis from the workers, the big collapse, the possibility of possible layoffs and defaming the publications against them.

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