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The relative security calm in Kiev and in large parts of Ukraine and the shift of the fighting to defined areas encourage the Israeli high-tech companies to return and recruit workers in Ukraine and even launch broad campaigns to absorb workers, with an emphasis on development positions. The company Optimove, which develops advanced marketing technologies for the companies' existing customers, currently employs 30 people through agencies in Kiev and Twiniitsa

Less than two weeks before the start of school, negotiations between the Ministry of Education and the Teachers' Union, which represents elementary and middle school teachers, are still stuck. Both sides are intensifying the tone towards September 1, and the pressure in the corridors of government is increasing in an attempt to prevent a strike - certainly during an election period. Now the Ministry of Finance presents another offer for teachers, the third in number. In the core controversial issues—mainly the starting salary of teachers—the Treasury did not improve its proposal. The...

After the peaks in demand for high-tech registered last year, new data indicate a one-year low in the number of vacancies in the industry. The vacancy report for May-July published by the Central Bureau of Statistics (CBS) shows that the number of vacancies for engineers in general decreased by 8% to 14,963 in July compared to the previous month, and that the number of vacancies for software developers decreased by a more significant rate of 11% , for 10,130 jobs. This is the second month in a row in which the number of jobs in high-tech is decreasing, after about three months in which the...

The unemployment rate in Israel increased slightly in July, but it is still low: from the data published by the Central Bureau of Statistics (CBS), it appears that the narrow unemployment rate increased in July to 3.7%, which is 159.5 thousand people, compared to a rate of 3.4% measured in June, which is 146.5 A thousand job seekers. Meanwhile, the employment rate also decreased, from 61.2% in the previous month to 60.9%, which is 4,195,800 employed. However, the number of unemployed and the unemployment rate are still lower than on the eve of the Corona crisis at the beginning of 2020

The CEO of Carrefour Israel, Uri Kilstein, is leading a NIS 50 million streamlining process in the company. Kilstein's presentation to the company's managers held on Sunday indicates that the plan will include layoffs, closing branches, and changing suppliers. The move is being made in a chain that is still branded under Beitan and Mega wines, in preparation for the transition to the Carrefour brand. The plan includes reducing the number of employees, currently numbering about four thousand, by 200-300 branch employees, most of whom are temporary workers and personnel workers. In addition,...

The ICL company managed by Raviv Zoler reports on a major deal - the company signed a memorandum of understanding for the supply of potash in Europe. The identity of the customer was not disclosed, but according to estimates, it is the Norwegian capital. This is an activity of 300 thousand tons per year and given the price of potash, it is a transaction with a financial scope of approximately 220-240 million dollars. This deal comes against the backdrop of the Russia-Ukraine war and the suspension of purchases from Russia and Belarus. Europe sanctions Russia and this may have transferred...

About a month after Histadrut Chairman Arnon Bar-David called for a consumer boycott due to the rising prices for Diplomat, Shastovitz, and Kimberly Clark, the response arrived: the employees of Kimberly Clark Israel decided to take revenge: to leave the Histadrut and move to the National Histadrut. There are about 1,000 employees

Bezeq Group closes the second quarter of 2022 with an adjusted net profit of NIS 310 million, a moderate increase of 3% compared to the corresponding quarter in 2021. Revenues were NIS 2.23 billion, a slight increase of 1.1%. Operating profit decreased by 1.3% to NIS 463 million and EBITDA also decreased by 1.4% to NIS 921 million. The company's free flow increased significantly to NIS 359 million, compared to NIS 85 million in the corresponding quarter. Bezeq reduced the debt in the company by about one billion shekels and now it stands at 5.63 billion

The cellular company Cellcom, which operates a cell phone network, Internet and telephone services, and controls Golan Telecom, published its financial reports for the second quarter according to which the company recorded revenues of NIS 1.069 billion compared to NIS 1.003 billion in the corresponding quarter last year - an increase of 6.5%. The company's net profit in the second quarter amounts to about NIS 39 million compared to a loss of NIS 14 million in the second quarter last year. The company's operating profit in the current quarter amounted to approximately NIS 95 million...