Author name: dev

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AI layoffs hit Israeli tech as companies slash jobs to fund AI shift

Artificial intelligence is fueling a wave of layoffs across the tech sector, with Israeli companies cutting thousands of jobs as they race to reinvent themselves for the AI era. monday.com, Wix, and Fiverr have all announced major workforce reductions while shifting from traditional software to AI-driven platforms and services. The trend mirrors a global shake-up.

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