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 224

November 05, 2024 00:20:05
Episode Cover

delsur Rebranding: Next-Gen Solutions with a Human Heart

A conversation with Virginia Minhondo and Angélica Pérez about Delsur’s exciting transformation. We discuss their journey through rebranding, the evolving role of AI in...

Listen

Episode 181

August 04, 2022 00:02:46
Episode Cover

Experienced literary translators ‘hardly make a living,’ says CEATL report

Not all literary translators are paid equally — recently released survey results show that the income of literary translators varies significantly across different countries. ...

Listen

Episode 296

January 01, 2023 00:12:06
Episode Cover

On the Origin of LangOps: The evolution of the localization roadmap | December 2022

The phrase “LangOps” has received quite a bit of buzz lately, but where did it really come from? In this piece, MultiLingual staff writer...

Listen