Affected by artificial intelligence, translation tool DeepL plans to lay off 25% of its workforce Odaily Planet Daily News: German startup DeepL, which develops translation tools, announced plans to lay off about 25% of its employees. CEO Jarek Kutylowski attributed this move to the "massive structural transformation" brought about by artificial intelligence. Kutylowski posted on LinkedIn on Thursday that about 250 employees will be laid off. The current total number of employees in the company is slightly over 1000. As AI tools replace jobs traditionally done by programmers, and technology companies reinvest resources into building their own AI products, the scale of layoffs in the entire technology industry is rapidly expanding. Meta announced plans to lay off 10% of its employees last month. Microsoft offers buyout packages to approximately 7% of its American employees. DeepL was founded in 2017, initially positioned as a competitor to Google Translate, providing tools to help developers build multilingual applications. In recent years, the company has also faced competition from translation services provided by ChatGPT and other AI tools. DeepL raised $300 million in 2024, with a valuation of $2 billion, and has considered an IPO in the United States. (Golden Ten)