Verbit to lay off 10% of its workforce

Episode 162 July 18, 2022 00:03:17
Verbit to lay off 10% of its workforce
Localization Today
Verbit to lay off 10% of its workforce

Jul 18 2022 | 00:03:17

/

Hosted By

Eddie Arrieta

Show Notes

Verbit is undergoing an organizational change involving about 50 layoffs in the U.S. and 30 in Israel. It will employ a total of 520 employees following the cutback, 50 more than it had when it announced its latest funding round.

View Full Transcript

Episode Transcript

Verbit is undergoing an organizational change involving about 50 layoffs in the U.S. and 30 in Israel. It will employ a total of 520 employees following the cutback, 50 more than it had when it announced its latest funding round.

Other Episodes

Episode 11

February 01, 2023 00:09:30
Episode Cover

Learning from Each Other: The surprising story of an LSP ‘exchange program’ | January 2023

Most people understand the value of a foreign exchange student program. But what if the concept of an exchange program wasn’t the exclusive domain...

Listen

Episode

May 04, 2026 00:19:27
Episode Cover

The Wellness Workflow

By Josevi Abad As a company focused on improving wellbeing in the business world, we asked the question: Could AI do the same for...

Listen

Episode 8

January 18, 2022 00:02:48
Episode Cover

How do you deal with your difficult name?

Do you have an unpronounceable, weird sounding, long or complex name? How do you deal? Have you given up or doubled down on the...

Listen