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.
By Ewandro Magalhães The Mayan civilization may have vanished, but its linguistic heritage endures. Today, up to 22 ancient Mayan languages are still spoken...
Mobeus, a London-based investment firm, supported The Translation People’s MBO as a platform investment, making its first investment in the language services industry.
By Ryan Foley Although AI can enhance language services in regulated industries such as healthcare, legal services, government, and education, human expertise remains essential...