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 154

March 27, 2024 • 00:11:08
Episode Cover

Component-Based Systems. A cure for the common TMS

The idea of a completely centralized global content hub sounds appealing on the surface, but what happens when the TMS itself becomes a liability?...

Listen

Episode 206

September 08, 2022 • 00:02:39
Episode Cover

Andy Jolls joins Lilt team as CMO

A business professional with over 20 years of experience in marketing roles, Jolls announced his hiring by Lilt yesterday on LinkedIn, sharing a video...

Listen

Episode 15

January 18, 2023 • 00:03:03
Episode Cover

DeepL, Write, and penetrating AI

Cologne-based DeepL has announced the beta launch of DeepL Write, an AI-powered authoring tool intended to improve texts by fixing errors and making suggestions...

Listen