Cologne-based AI translation firm DeepL lays off quarter of workforce (heise.de)

• DeepL cuts 250 jobs, a quarter of its workforce.
• CEO Kutylowski cites restructuring for efficiency and competitiveness.
• Severance plans for affected employees.

"DeepL, the Cologne-based AI translation service, is laying off 250 employees, about a quarter of its total workforce. CEO Jaroslaw Kutylowski stated the move is part of a comprehensive restructuring to increase efficiency and competitiveness. Affected employees have been informed, and severance plans are in place. The company had expanded rapidly in recent years but now faces challenges in the AI translation market."