Anonymous
9/4/2025, 6:30:28 PM
No.514804159
Israel is unironically collapsing
>From October 2023 to July 2024, roughly 8,300 high-tech workers which is about 2.1% of Israel’s high-tech workforce, relocated abroad.
>Prominent voices, including Nobel laureate Aaron Ciechanover, have warned of a “silent departure” of Israel’s secular and professional elite. Rising religious conservatism, political instability, and security concerns are driving many educated families to act on emigration.
>Official statistics show 83,000 Israelis emigrated in 2024, more than double the annual figure observed between 2009 and 2021. At the same time, immigration and return migration seem to be lagging behind
>Hundreds of employees are being let go at Intel’s Fab 28 manufacturing site in Kiryat Gat a site once insulated due to strategic importance and government backing. These layoffs are part of a global push to reduce headcount by 20%, with Israel included in broader cuts totaling thousands
> Around 20% of high-tech workers are currently in reserve duty, nearly double their share in the general workforce. This disrupts operations and often leads to burnout or early retirement
>Rough diamond exports dropped 24.1%, going from the previous year’s figures down to about USD635 million.
>In 2024, financing for the diamond sector sank to just USD508 million (≈1.88 billion NIS)—a 77% drop from its 2008 peak of USD2.24 billion.
>Responding to heated public debate, the Bank of Israel demanded that banks set aside ₪3 billion over 2025–2026 to help war-impacted citizens, like reservists, evacuees, and families of fallen soldiers, via better interest terms and relief programs. Banks were also nudged to limit dividend payouts to 40% of net profits, though they’d prefer a return to pre-war 50% levels
>In tech, job openings now lag behind job seekers. The market shifted from 1.6 openings per job seeker (2019) to just 0.9 (2025), meaning more people are hunting than hiring
