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SanDisk Lays Off Dozens as NVMe AI Work Moves to India

8/25/2026

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Summary

Story summary

SanDisk Corp laid off dozens of development workers at its Kfar Saba, Tefen and Omer sites in Israel.
The cuts follow a decision to move NVMe SSD development for cloud AI to India.
Industry sources say Israeli labor can cost up to 40% more than Indian counterparts, influencing the shift.
SanDisk reported $9 billion revenue and $6.9 billion profit this quarter despite the layoffs.

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Story summary

SanDisk Corp laid off dozens of development workers at its Kfar Saba, Tefen and Omer sites in Israel.
The cuts follow a decision to move NVMe SSD development for cloud AI to India.
Industry sources say Israeli labor can cost up to 40% more than Indian counterparts, influencing the shift.
SanDisk reported $9 billion revenue and $6.9 billion profit this quarter despite the layoffs.