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.
Previous Episode
Next Episode

Other Episodes

Episode 163

July 18, 2022 • 00:03:07
Episode Cover

Meta reaches 200-language milestone in No Language Left Behind initiative

The announcement comes just a few months after the company announced that it would begin a project to develop a machine translation (MT) tool...

Listen

Episode 271

April 04, 2025 • 00:14:17
Episode Cover

Bracing for Impact: Language access in the Trump era

By Cameron Rasmusson On March 1, 2025, U.S. President Donald Trump issued an executive order declaring English the official language of the United States....

Listen

Episode 308

July 07, 2025 • 00:06:58
Episode Cover

The Reverse Midas Touch. Chaotic Trump policies threaten American localization companies

By Katie Botkin In the United States, global business is precarious due to the Trump Administration’s fluctuating tariffs and unpopular foreign policies. Two leaders...

Listen