Layoffs at Texas Instruments Expected in Israel This Week

Up to 250 employees expected to go as part of worldwide effort to reduce staff levels by 5% of total workforce.

Up to 250 employees of Texas Instruments in Israel are expected to be laid off this week as part of a worldwide effort by the company to reduce staff levels by about 1,700, roughly 5% of TI's global workforce. The dismissals are to be spread over several calendar quarters.