Cologne-based AI translation startup DeepL plans to cut ~25% of its workforce, or ~250 staff, saying adapting to AI "means fewer layers" and "faster decisions" (Amy Thomson/Bloomberg)

DeepL, a Cologne-based AI translation startup, has announced plans to reduce its workforce by approximately 25%, equating to around 250 employees. The company cites the need to adapt to AI advancements, which necessitate fewer organizational layers and quicker decision-making processes.