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Major Israeli tech firms commence sweeping layoffs as AI revolution roils industry

The Times of Israel·Major Israeli tech firms commence sweeping layoffs as AI revolution roils industry·4 days ago

#timesofisrael #israel #tech #abrahami #rapyd #article

Israeli website builder Wix cuts 20% of global staff as strong shekel fuels costs amid shift to 'AI-native ways of working,' with fintech firm Rapyd and software firm Amdocs following suit

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Major Israeli tech firms commence sweeping layoffs as AI revolution roils industry