Israeli software company behind work-management platform
The Times of Israel reports that the strengthening shekel is raising costs for Israeli tech firms and forcing some to cut costs, shift hiring abroad, and consider relocating R&D. Authorities are under pressure to support exporters and startups as the currency remains strong and inflation risks stay elevated.
JPMorgan has restructured its AI leadership, retiring its AI chief and aligning the chief data and analytics office with Global Technology. The changes aim to integrate AI delivery into business units and sustain momentum in AI initiatives, as the bank emphasizes governance and external engagement.
AI adoption is reshaping hiring and layoff patterns across tech sectors. A mix of software cuts and hardware growth shows a market rebalancing, with AI increasingly driving decisions on workforce changes.