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Job cuts across the technology industry are on the rise as companies resort to AI tools for work that was traditionally done by programmers
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DeepL, a Germany-based AI firm building translation tools and a rival to Google Translate, announced its decision to cut approximately 25 per cent of its workforce. Jarek Kutylowski, the company’s Chief Executive Officer, cited a “massive structural shift” from Artificial Intelligence.
In a post on LinkedIn, Kutylowski announced that about 250 employees will be cut, with the move subject to legal procedures. “The decision wasn’t made lightly — it is the most difficult I’ve had to make in my career”, he wrote.
Kutylowski emphasised the move stems from a “structural choice about how DeepL needs to operate to remain a global AI leader”.
Job Cuts Driven By AI
Job cuts across the technology industry are on the rise as companies resort to AI tools for work that was traditionally done by programmers.
Last month, Meta Platforms Inc. announced its decision to reduce 10 per cent of its staff.
About DeepL
Founded in 2017 as a rival to Google Translate, DeepL is a German-based firm that offers AI tools to allow developers build apps in multiple languages.
The services offered by DeepL recently placed the firm in a competing position with ChatGPT and other AI-based tools.
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