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 284

December 10, 2022 00:03:51
Episode Cover

What do the words “permacrisis,” “gaslighting,” and “goblin mode” all have in common?

As 2022 comes to a close, English-language dictionary publishers are selecting the words that best encapsulate the character and ambiance of the last 365...

Listen

Episode 220

October 02, 2024 00:06:26
Episode Cover

Collateral Damage

By Ewandro Magalhães The Mayan civilization may have vanished, but its linguistic heritage endures. Today, up to 22 ancient Mayan languages are still spoken...

Listen

Episode 272

April 04, 2025 00:12:39
Episode Cover

Risk, Regulation, and Managing the Rhythm of Change in Regulated Industries

By Mimi Moore This author discusses the challenges and complexities of managing change in regulated industries, particularly medical device manufacturing, highlighting the reasons for...

Listen