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

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Hosted By

Marjolein Groot Nibbelink Nico Palomo 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.

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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.

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