#1
#1 out of 1
business9h ago
Tech industry mutating before our eyes | The Jerusalem Post
- Israel’s tech sector is moving toward leaner structures and faster efficiency, with AI driving the change.
- Amdocs plans to cut about 10% of its global workforce, including many in Israel.
- SentinelOne is expected to lay off around 250 people, roughly 10% of its workforce.
- Executives say layoffs align with a broader shift to AI-driven efficiency, not a cyclical downturn.
- AI tools can perform many tasks, prompting reevaluations of the need for large office spaces.
- There is growing polarization in the job market: demand for AI experts vs. tougher competition for juniors and support roles.
- Israel’s strengthen- shekel adds cost pressures for salaries in dollars, pushing cost-cutting measures.
- Legal questions rise as AI-driven decisions intersect with labor law and protections.
- Industry experts predict new job opportunities will emerge alongside AI-driven shifts.
Vote 0