Arad Towels, one of the world’s leading towel manufacturers, has moved to a four-day workweek.
 
**Motorola in a southern Israeli city has moved to a three-day week.
 
**Israel Chemicals has informed employees it is shutting down for the month of April
 
**Hadassah Hospitals took a 3% loan off of the gross salaries of all employees to buy time and generate capital.
 
**As a result of Operation Cast Lead, some 20,000 employees, residents of the Gaza-belt communities in the catering hall industry will not receive salaries this month since the industry was closed during the Gaza War.
 
**Bank Hapoalim warns of NIS 250 million fourth quarter loss.
 
**The estimated revenue of Israel’s top 20 law firms totaled $500 million in 2008, 8% more than in 2007, according to Dun & Bradstreet Israel. The total revenue of all law firms was $2.4 billion in 2008.

(Yechiel Spira – YWN Israel)