Articles by January, 2023

The Israel Post is joining the wave of price increases and raising the prices of some services within Israel and Israel abroad: packages within Israel and from Israel abroad, stamps, registered mail and Post 24. Regarding the packages, it was stated that "there is no effect on the costs of shipments that arrive in Israel from shopping sites from abroad - This is about an increase in letter and shipping rates in Israel and Israel abroad." At the same time, the increase in the price of parcel delivery within Israel may increase the price of deliveries within the country of Israeli online...

Amdocs is reducing its workforce by 3%. about 700 employees will be laid off, of which 100 are in Israel. Amdocs is known as someone who is in a hurry to "pull the trigger" when it comes to manpower. Due to Corona, it laid off 1,000 of its 25,000 employees worldwide, of which several hundred are employed in Israel. Amdocs, which develops software for the communications market, is now embarking on a global cutback. Amdocs currently employs 5,000 people in Israel and company officials point out that it continues to recruit employees and has quite a few open positions at the same time as...

Last night (Monday) a first working meeting was held at the Prime Minister's Office between Benjamin Netanyahu and Minister Bezalel Smotritz. In part, their individual advisors participated, but for an entire hour Netanyahu and Smotrich sat alone and discussed the state of the economy face-to-face and made a first assessment of the situation in relation to the economic measures to be taken in the areas of rising prices in the economy and rising apartment prices. For the first meeting, the senior finance officials were not invited, including CEO Ram Blinkov, head of the budget department...

Salesforce joins Kaltura and both announced that they are laying off dozens of employees. The cloud software giant will lay off about 10% of its workforce worldwide and close several offices, as part of a restructuring plan. Calcalist learned that the layoffs also reached the company's local branch in Israel, which began summoning employees for a hearing. The number of those laid off in Israel is still unclear, but it is estimated that there will be dozens of workers

First step on the collision course between the Israeli government and the judiciary system - on the way to canceling the reason for reasonableness and enacting the superseding clause by a majority of 61. Justice Minister Yariv Levin (Likud) held a press conference in the Knesset this evening (Wednesday), where he presented the main points of his legal reform. Several key sections of the reform focus on weakening the judiciary and the Supreme Court

Thousands of people demonstrated on Saturday evening in Tel Aviv against the new government led by Benjamin Netanyahu, among other things in protest of the reform of the judicial system that it intends to promote. At 7:00 p.m. they gathered in the Habima Square and from there they marched around the city to the Tel Aviv Museum plaza. "All the opponents of the coup d'état carried out by the criminal government, which threatens to harm all citizens of Israel wherever they are, have gathered," the organizers of the demonstration said

The new Minister of Transportation, Miri Regev, met earlier today (Sunday) with senior officials of the Ministry of Transportation and Israel Railways to discuss work on the railroads on Saturday. Regev said that on Shabbat only work related to supervision will be carried out, and asked to present additional solutions to reduce work on the track on Shabbat. Last night, those around the minister also claimed that despite the request of the minister of housing and Torah Judaism chairman Yitzhak Goldknopf to stop the works on Shabbat, they will continue.

Towards a huge deal in the credit market? The Harel Investments Insurance and Finance Group, controlled by Yair Hamburger, submitted a proposal this evening to the board of directors of the Isracard credit card company for the acquisition of full ownership in Isracard (100%) - the largest company in the credit card industry in terms of the number of active cards and the scope of its credit card usage

Partner will compensate with benefits amounting to an additional three million shekels for a huge glitch in its television broadcasts two years ago: Last week, a request was submitted to the District Court in Tel Aviv to approve a settlement agreement and grant validity of a judgment to the settlement agreement, as part of requests to approve class actions filed in 2021 against the company Partner Communications. In the center of the applications submitted through three different law firms, it is claimed that for several days in January 2021, Partner TV's television services were down for...