IDT Global Reduces Workforce In Israel

It was reported last week that IDT Global Services, a division of IDT Corporation, is believed to have laid off roughly 150 employees from it's call centers in Jerusalem, Tel Aviv and Be'er Sheva Israel. The cuts are rumored to have happened as a result of IDTs poor financial situation and the rumored sale by Howard Jonas of this division. IDT is one of the largest employers of English speaking people in Israel and this layoff will make it tough for those Eenglish only individuals living in that country as there are not many jobs for those that don't speak Hebrew. According to reports most of the individuals laid off were on the management and administration side.

This marks a huge change in the Howard Jonas's philosophy which has always prided itself on being a contribution to the Isareal economy and it's job market. However, with such hard financial times being faced by IDT, they have no choice but to consolidate operations in order to curb their bleeding. No doubt this will not be the last we hear about workforce reductions for this company with others sure to follow.

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