What are global firms with presence in Israel doing after Hamas attack
Global Companies Take Swift Action to Ensure Safety Amidst Israeli Conflict
In response to the recent surprise attack by the Palestinian Islamist group Hamas, several global companies have swiftly taken measures to ensure the safety of their employees and operations in Israel. These companies, ranging from airlines to banks, have temporarily shut down certain operations and implemented work-from-home policies. While disruptions are inevitable, these companies are prioritizing the well-being of their staff and closely monitoring the situation to ensure a safe working environment.
Delta Air Lines, one of the major carriers affected, has made the decision to cancel its Tel Aviv flights until the end of October. This cautious approach allows the airline to closely monitor the events unfolding in the region and make informed decisions regarding future operations. Similarly, El Al, Israel’s national airline, is taking steps to assist reservists by increasing the number of flights to transport them back to Israel, supporting the country’s largest mobilization in history.
Cruise operators Royal Caribbean, Carnival, and Norwegian Cruise Line Holdings have adjusted their itineraries in the area, ensuring the safety and well-being of their guests. While some sailings that visit Israel in October have been modified or redirected, these companies are continuously evaluating the situation to provide the best possible experience for their passengers.
In the energy sector, Chevron, the second-largest U.S. oil and gas producer, has been instructed by Israel’s energy ministry to temporarily shut down the Tamar natural gas field off the country’s northern coast. This precautionary measure ensures the safety and security of the facility during these uncertain times.
Leading financial institutions, including JPMorgan Chase, Goldman Sachs, Bank of America, Morgan Stanley, and Citigroup, have implemented work-from-home policies for their employees in Israel. By allowing flexibility and prioritizing the safety of their staff, these banks are ensuring business continuity while closely monitoring the local situation.
Logistics companies FedEx and UPS have temporarily suspended their services in Israel, closely monitoring the situation to resume operations as soon as it is safe to do so. UPS has implemented contingency plans to ensure that shipments already in Israel reach their destinations promptly once conditions permit.
Nvidia, the world’s largest maker of chips used for artificial intelligence and computer graphics, has canceled an AI summit scheduled for Tel Aviv. While disappointing, this decision prioritizes the safety of attendees and demonstrates Nvidia’s commitment to the well-being of its stakeholders.
In the retail sector, H&M and Inditex SA, the parent company of Zara, have temporarily closed their stores in Israel. These companies are taking proactive steps to ensure the safety of their employees and customers, extending return timeframes to accommodate the closure period.
Pharmaceutical giant Eli Lilly and Co is closely monitoring the evolving situation in Israel and taking all necessary steps to ensure the safety of its colleagues in and near the affected areas. The company is also committed to maintaining critical operations to provide an uninterrupted supply of medicines to patients in the region.
These global companies’ swift actions and prioritization of safety amidst the Israeli conflict demonstrate their commitment to their employees and stakeholders. By implementing work-from-home policies, adjusting operations, and closely monitoring the situation, these companies are ensuring business continuity while safeguarding the well-being of their staff and customers. As the situation evolves, these companies will continue to make informed decisions to navigate these challenging times.