Tech04:50 · 1h ago
AI Not Sole Cause of High-Tech Layoffs, Deeper Market Shifts at Play
Now 14Right
Translated & summarized from Now 14 by baba
The story · English
Artificial intelligence is increasingly used to write code and streamline processes, but it is not the only factor behind the recent wave of layoffs in Israel's high-tech sector. The crisis also stems from a slowdown in hiring, an oversupply of candidates, and evolving market demands. Workers who fail to adapt to these changes risk being left behind. Ariel Edan hosted Itzik Krombi, director of employment and innovation centers for the Haredi sector, to discuss these challenges and the broader implications for the workforce.