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This AI-pilled CEO’s memo cutting over 21% of the company is a prime example of the new layoffs playbook

Finance May 8, 2026

What’s the new normal for a company whose CEO is all in on AI and cutting jobs as a result? Look no further than DeepL’s layoffs memo. Loading audio narration… The German AI translation startup recently cut about 250 employees, over 21% of staff. In his message posted on LinkedIn,…

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