German AI translation startup DeepL to axe 250 staff

DeepL , the German AI translation startup, is cutting around 250 staff, about a quarter of its headcount, saying it was moving to smaller teams so it is able to compete amid rapid AI advancements, its CEO said today. Posting on LinkedIn , Jarek Kutylowksi, CEO and founder, said the cuts at DeepL, which employs over 1,000 people globally, were a “deliberate structural choice about how DeepL needs to operate to remain a global AI leader”. He added: "The pace of AI has accelerated far beyond what w