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Layoffs Confirmed Amid Industry Changes and AI Advancements

The company has formally reported a modern rebuilding stage, coming about in cutbacks. According to the CEO, the choice stems from the quick changes in the technology market and the rising selection of AI in translation services.

This is not the first such alteration; back in 2020, the company decreased its workforce by 35%. The move highlights the challenges of remaining competitive in a scene progressively molded by innovative advancement.