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 258

November 07, 2022 00:03:38
Episode Cover

Tarjimly receives a big boost from Boeing

Boeing announced Thursday that it has formed a partnership with Tarjimly — an app that allows refugees to access free language services — to...

Listen

Episode 74

April 20, 2022 00:03:10
Episode Cover

CITLoB president Sandeep Nulkar on partnership with ATC

In March, the UK-based Association of Translation Companies (ATC) and the Indian Confederation of Interpreting, Translation, and Localisation Businesses (CITLoB) announced a new partnership...

Listen

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