Technology

⚡Layoffs: German Startup DeepL Announces Major Job Cuts To Streamline Operations

By Team Latestly

German AI translation startup DeepL is cutting 25 per cent of its workforce, affecting 250 employees. CEO Jarek Kutylowski cited a structural shift caused by AI as the primary reason for streamlining the company. The move follows similar layoffs at Meta and Microsoft as firms restructure to compete with tools like ChatGPT and Google Translate.

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