DeepL announced plans to cut approximately 25% of its workforce. This reduction affects about 250 employees. CEO Jarek Kutylowski cited a massive structural shift from artificial intelligence. The Cologne-based company develops AI translation tools. DeepL aims for fewer layers and faster decisions with this change.
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https://www.msn.com/en-in/money/news/layoffs-google-translate-rival-deepl-announces-plans-to-cut-25-of-staff/ar-AA22ANSi