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War spurs brain drain, outflow of Israeli high-tech employees, report finds

A report by the Israel Innovation Authority reveals that 8,300 high-tech employees left Israel in the aftermath of the 2023 war with Hamas, representing 2.1% of the local high-tech workforce. The report also highlights a decline in the number of workers in the high-tech industry for the first time in at least a decade, raising concerns about the impact on the economy. The high-tech sector contributes significantly to the Israeli economy through taxes paid by workers, and the trends in high-tech employment will affect state revenues and the overall economy. The report calls for immediate attention to address the challenges and ensure the future of Israeli high-tech.

Original article source: https://www.timesofisrael.com/war-spurs-brain-drain-outflow-of-israeli-high-tech-employees-report-finds/
Source Id: 2025-04-682677306

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