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Marketplace All-in-One

Workers in Israel’s dynamic tech sector are joining the war effort. That’s affecting the industry, and the economy.

Marketplace All-in-One

Marketplace

News, Business

4.51.4K Ratings

🗓️ 20 October 2023

⏱️ 8 minutes

🧾️ Download transcript

Summary

Thousands of Israelis and Palestinians have lost their lives since Hamas gunmen staged their surprise raid on Oct. 7. In the wake of the attack, Israel’s defense forces have called up more than 350,000 reservists, about 4% of its population. The country’s booming tech industry could be affected more than most, given that so many younger Israelis work in the sector. Fast Company contributing writer Issie Lapowsky recently interviewed several of them, including an Israeli tech lawyer named Yitzy Hammer.

Transcript

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0:00.0

Disruption in start-up nation.

0:04.2

From American public media, this is Marketplace Tech.

0:07.2

I'm Lily Dramalli.

0:09.2

Thousands of Israelis and Palestinians have lost their lives since Hamas gunmen staged their

0:23.0

surprise raid on October 7th.

0:25.8

In the wake of the attack, Israel's defense forces have called up more than 350,000

0:30.9

reservists, about 4% of its population.

0:34.7

The country's booming tech industry could be affected more than most, given that so many

0:39.5

younger Israelis work in the sector.

0:42.2

Fast company contributing writer Izzy Lapowski recently interviewed several of them, including

0:47.0

an Israeli tech lawyer named Yitzi Hammer.

0:50.1

On October 7th, he was like a lot of people getting ready to celebrate the end of the Jewish

0:57.2

high holidays and celebrate Sabbath.

1:00.6

He woke up to what sounded like bombs going off and it wasn't until he was on his way to

1:06.3

synagogue that he realized that Hamas had invaded and obviously returned home.

1:12.5

He spent some of that day in his home with his children, sheltering in a bomb shelter.

1:18.2

By Sunday, the very next day, because he's a reservist with the Israeli defense forces,

1:23.4

he was headed about an hour south to a military base on the Gaza border where he's now spending

1:30.2

12 hours a day working out of a fortified caravan to serve as a legal advisor to the Israeli defense

1:36.8

forces.

1:38.8

His day job is actually as a lawyer as well, but he usually works in the tech sector working with

1:45.0

emerging companies in the tech sector in Israel.

...

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