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Money Is Eroding, Wages Are Rising: the Dollar's Decline Threatens Israeli High-Tech

Summary by Globes
While Trump declares that "the dollar is doing great," Israeli high-tech companies are facing a continued erosion of the capital they raised and a surge in shekel labor costs. The combination of the weakening currency and lack of government intervention is endangering the state's tax revenues, forcing the industry to reexamine its growth and recruitment plans in Israel.

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GlobesGlobes
Center

Money Is Eroding, Wages Are Rising: the Dollar's Decline Threatens Israeli High-Tech

While Trump declares that "the dollar is doing great," Israeli high-tech companies are facing a continued erosion of the capital they raised and a surge in shekel labor costs. The combination of the weakening currency and lack of government intervention is endangering the state's tax revenues, forcing the industry to reexamine its growth and recruitment plans in Israel.

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Globes broke the news in on Monday, February 2, 2026.
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