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

May 22, 2026 • 00:35:54
Episode Cover

The State of the Language Industry in 2026

The 2026 NIMDZI 100 report offers one of the clearest snapshots of where the language industry stands today — and where it may be...

Listen

Episode 189

June 12, 2024 • 00:18:12
Episode Cover

LocWorld51: Gabriel Fairman, Co-Founder and CEO, Bureau Works

We talked about their approach to innovation at Bureau Works and participation in the product innovation challenge at LocWorld51.

Listen

Episode 148

February 26, 2024 • 00:15:55
Episode Cover

Bertrand Gstalder: Seizing the Opportunity

Fresh off a year in Acolad’s CEO seat, Bertrand Gstalder sees a chance for the language industry to distinguish itself with its already-engrained values...

Listen