Yesterday
Yesterday’s job market was perfectly balanced, with nearly identical numbers of roles opened (102) and closed (104). Yet, while hiring moved at a steady hum, the broader industry was electrified by a wave of mega-deals and mega-rounds reminiscent of tech's peak years, signaling deep ongoing confidence in the local ecosystem.
Today
It's Friday, meaning the Israeli hiring market has officially stepped into the weekend. With local recruitment teams offline, the board is holding steady at 17,842 active roles across 2,466 companies. Even though global markets are still actively trading, this local pause gives you a perfect quiet window to prep applications and strategize without the distraction of fresh listings popping up.
Supply vs demand
Looking at candidate intent, QA is emerging as a major battlefield: it's the most searched term on Trevo, matching a robust market supply of 1,033 open roles. This indicates high opportunity, but fierce competition among applicants. We're also seeing strong candidate appetite for Backend and Forward Deployed positions. Unsurprisingly, broader Engineering remains the undisputed bedrock of market supply, dominating the board with 5,109 open positions.
Industry
A staggering day for Israeli Cyber and AI. Varonis is being acquired by Proofpoint in a massive $6.3 billion all-cash deal, while Amazon is reportedly in advanced talks to buy AI startup Decart for $7 billion. Growth rounds are equally explosive, with both Cyera and Island landing massive $400 million investments. This scale of capital flow is a resounding vote of confidence from global players and a strong leading indicator for future headcount growth.
Ahead
Looking to next week, all eyes are on the Bank of Israel's interest rate decision on October 21st. With the current rate at 3.25% and inflation hovering near 3%, the market is eager for clues on the next macro move. This will be closely followed by the US Fed (FOMC) rate decision on October 28th.