SanDisk cuts dozens of jobs in Israel despite AI-fueled surge...

Startups, tech and business | Aug 24, 2026, 9:38 AM

SanDisk has cut dozens of jobs at its Israeli development centers. The memory-chip company reached a $230 billion valuation after a 3,500% stock rally fueled by AI.

Despite the strong performance, the layoffs proceeded at the Israeli sites.

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