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 176

July 28, 2022 00:03:40
Episode Cover

Deaf and hard-of-hearing patients file lawsuit against Washington healthcare provider

The largest healthcare provider in the state of Washington is currently facing a lawsuit over its use of faulty video remote interpreting (VRI) technology.

Listen

Episode 135

December 12, 2023 00:03:05
Episode Cover

Meta Expands “Seamless” Translation Tech With New AI Models

Built on version 2 of SeamlessM4T, the new open-source models boast state-of-the-art speech recognition and translation capabilities in up to 100 languages. Read the...

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