Israel's technology sector is reporting a problem. People want to leave the country

The Israeli Advanced Technology Industry Association found that 53 percent of companies reported an increase in relocation requests from Israeli employees. The trend is in response to the two-year conflict in Palestine.

The association warns that this could do long-term damage to the local innovation sector and Israel's technological industrial dominance. The sector accounts for about 20 percent of Israel's GDP, 15 percent of jobs and more than half of exports.

Hundreds of multinational companies operate in Israel, including Microsoft, Intel, Nvidia, Amazon, Meta and Apple. Some firms are exploring shifting investments to other countries.

(reuters, sie)