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June 2, 2026
3,570
jobs displaced
6 companies
Minute 60
85% · source
About 12% of the company's global workforce was laid off, including employees in Israel. The move comes alongside continued growth at the company, as it adapts its operations to changes in the media market and the rise of artificial intelligence.
Taboola 100
70% · source
Israeli online advertising company Taboola laid off about 100 employees.
AI21 120
80% · source
Israeli AI company AI21 shut down its AI model development operation and laid off 60% of its staff.
Amdocs 3,000
70% · source
Amdocs, one of the pillars of Israeli high-tech, reported layoffs affecting 10% of its workforce, including hundreds in Israel.
SentinelOne 250
70% · source
Cybersecurity giant SentinelOne carried out a broad 10% workforce cut, affecting about 70 employees in Israel.
Lightricks 40
65% · source
Israeli AI video company Lightricks laid off dozens.