AI Translation Firm DeepL Cuts Quarter of Staff, Citing AI
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16 Articles
The Cologne-based AI translation company DeepL has announced that it will reduce about a quarter of the number of jobs in the company.
In many tech companies, jobs are threatened by AI. The first companies already start with job cuts. The German provider of translation software DeepL is also pulling the red pencil.
Times of India
The Economic TimesAI translation firm DeepL cuts quarter of staff, citing AI
DeepL, a leading AI translation firm, is laying off approximately 250 employees. This significant workforce reduction stems from artificial intelligence advancements making certain roles obsolete. The company's CEO highlighted a major structural shift in the job market driven by AI. This move follows similar job cuts across various industries where AI is boosting productivity and simplifying tasks.
The Cologne-based company DeepL has become known with its precise translations and has grown rapidly. But now the start-up wants to delete 250 positions.
The company that created the DeepL translation tool will abolish a quarter of its employees in order to "integrate the AI at all levels of its operation" and stay in the race in this booming technology, announced its director on Thursday. "We are reducing DeepL's global workforce around [...] The post DeepL translator company reduces staff to accelerate transformation towards the IA appeared first on Diario Digital Cronio de El Salvador.
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