The war between Israel and the Palestinian militant group Hamas has affected the Israeli tech sector, as the reservist call-up has reduced staff at tech startups. For now, the war’s effect on the tech industry is limited, but that could change if the conflict broadens.
While the tech sectors in Israel and the Palestinian territories are experiencing the effects of the war, the tech sector impact could become much larger should other regions get involved, said Yugal Joshi, Partner at Everest Group. If the war “does blow up into something bigger, frankly, all bets are off,” he said.
