To find workers, Israeli companies are opening development centers overseas, mainly in Ukraine but also in the United States, Russia and India. Several dozen firms have also taken advantage of a rapid process established by the government in 2018 to obtain special visas for foreign tech workers.

But in the long term more initiatives are needed to increase the pool of workers, Kandel told reporters. There is great potential among women, who represent only 23 percent of tech workers, as well the largely untapped Arab and ultra-Orthodox Jewish sectors.

Arabs account for only 3 percent of tech workers but this is expected to change soon as 18 percent of all computer science students today are Arab, similar to their share of the population.

	Amazon cuts 14,000 corporate jobs amid AI expansion
	Apple approaches $4T valuation as confidence reignites
	WhatsApp to limit messages sent to unknown contacts
	Afghanistan restricts access to social media
	Apple removes ICEBlock app after Trump administration pressure
	OpenAI hits $500B valuation
	Harsh conditions at the iPhone 17 factory in China
	NASA targeting early February for Artemis II mission
	Nvidia to invest up to $100B in ChatGPT creator OpenAI
	White House: TikTok deal with China to be signed soon