Fox fashion retailer to furlough up to 50% of staff amid ongoing war with Hamas
The Times of Israel » Tech
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1y ago
Retail fashion chain says it needs to cut expenses and reduce economic damage during the challenging war period; senior executives take a 50% pay cut for a month ..read more
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Smotrich says emergency package for economy amid war is ‘broader’ than during COVID
The Times of Israel » Tech
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1y ago
Finance minister says businesses throughout the country that have been hurt during the ongoing war will receive compensation; state deficit will widen ..read more
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About 70% of tech firms face operating difficulties amid reservists’ call-up
The Times of Israel » Tech
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1y ago
Survey of the sector since the Israel-Hamas war broke out shows more than 70% of startups postponing or canceling orders and projects, others grappling with lack of financing ..read more
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Irish Wix employee fired for inflammatory posts about Israel-Hamas war
The Times of Israel » Tech
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1y ago
Tech company’s CEO Nir Zohar says it is ‘unfathomable’ for Israeli employees to be called terrorists by teammate at work ..read more
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Government directorate lays out rehabilitation plan for war-ravaged Gaza communities
The Times of Israel » Tech
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1y ago
The rehabilitation of 45 communities located up to 7 kilometers from the border is estimated to take at least five years and cost billions of shekels ..read more
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Social lender to provide interest-free credit to war-damaged businesses and families
The Times of Israel » Tech
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1y ago
Ogen creates emergency economic relief fund to provide loans to small businesses and individuals in financial stress during the ongoing Hamas war ..read more
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Amid ongoing war, BP and Eni among firms awarded gas exploration licenses in Israel
The Times of Israel » Tech
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1y ago
Energy Ministry says a total of 12 licenses have been given to six companies, four of which are new players in the exploration of natural gas off the country’s Mediterranean coast ..read more
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Warning of crisis, 300 economists urge government to reallocate nonessential spending
The Times of Israel » Tech
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1y ago
In letter to Prime Minister Netanyahu and Finance Minister Smotrich, senior economists call for changing budget priorities and stopping previously planned discretionary allocation ..read more
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Tech giants from Google to Oracle condemn ‘horrific’ Hamas attack, pledge Israel aid
The Times of Israel » Tech
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1y ago
US firm Jefferies to donate $13m to 10 charities providing humanitarian aid to terror victims; General Catalyst will donate $250,000 and Oracle $1m to support humanitarian relief ..read more
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In first in 41 years, El Al to fly on Saturday to bring reservists back to Israel
The Times of Israel » Tech
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1y ago
Israel’s national carrier will fly back reserve soldiers from New York and Bangkok in emergency rescue flights as the IDF braces for a long war with the Hamas terror group ..read more
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