Israeli tech companies are cutting staff in Israel, but they are still actively recruiting in New York, according to new data from the Israeli Mapped in NY platform published Wednesday. More than 500 open roles were found at Israeli technology firms in New York alone, with an average salary of $162,000 a year.
Fintech leads the hiring with about 69 openings, including Pagaya and Rapyd, which told employees about a broad layoff plan about a month ago. Israeli cyber companies account for roughly 67 jobs, averaging $176,000 a year, with employers including Wiz, Oasis Security and Fireblocks. The most sought-after roles are in sales and business development, with 78 openings, followed by jobs in marketing, finance, product management, artificial intelligence and operations.
The data also shows that this hiring is concentrated in larger companies, with more than 420 roles coming from firms employing over 50 people, and over 100 openings at companies with more than 1,000 employees. Pay can be especially high, more than 60 jobs offer over $200,000 a year, 12 offer above $300,000, and one position pays up to $575,000 annually.
The report says most of the New York openings are aimed at senior talent, such as senior, director and vice president levels, while younger workers make up only a small share. That contrasts with the common view in Israel that roles moved abroad are mostly lower-level support or operations jobs. Guy Franklin, founder and CEO of Israeli Mapped in NY, said, "What surprised me most was not just the number of jobs, but their quality," adding that the demand for experienced and senior workers shows "the maturity and depth of the Israeli ecosystem in New York."