Marvell Cuts Dozens of Jobs in Israeli Engineering Team

Marvell is cutting dozens of positions in one of its Israeli engineering teams, the semiconductor company confirmed in a response published on November 12. The company employs approximately 500 people in Israel, with development centers in Petah Tikva and Yokneam. The targeted reduction is taking place outside a worldwide round of layoffs. Marvell said the changes affect a limited part of its Israeli engineering organization. The company said: “As part of an ongoing effort to align resources with changing business needs, we are reducing positions within one of our engineering teams.” The company said it has operated in Israel for more than 25 years and remains committed to expanding its local development centers. Its Israeli operations form part of a unified global engineering organization. Marvell employs about 8,000 people worldwide, with its largest development center in Santa Clara, California, and its second largest in India. Marvell develops connectivity chips and custom silicon for data centers. Israeli executive Noam Mizrahi, who has served as chief technology officer since 2020, leads the company's global technology strategy and reports to chief executive Matt Murphy.