Florian and Esther discuss the language industry news of the week, with key highlights from the latest Slator Pro Guide: The Future of Language Industry Jobs. The guide focuses on the future of jobs and freelance opportunities in the language industry, noting the impact of AI on employment trends.
The duo analyze the 2024 Inc. 5,000 list, which includes 14 LSPs this year, with companies like PGLS, Propio Language Services, and Boostlingo among the highest-ranked, demonstrating strong growth over the past three years.
In other industry news, amid a rocky Q2 2024, AMN Healthcare Services reported an 18% year-on-year increase in revenue for its language services division, driven by strong utilization of video interpretation.
Florian addresses a recent content hack involving media localizer Iyuno, where unreleased Netflix shows were leaked online, underscoring the importance of security and confidentiality in the industry.
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Esther touches on recent labor strikes affecting the game localization and dubbing sectors, driven by the Screen Actors Guild’s action. Keywords Studios also announced layoffs of linguists in Italy, sparking a linguist strike and highlighting ongoing tensions between AI and human talent in localization.
The podcast concludes with Esther’s M&A and funding corner, including Translate.One’s acquisition of Intertext and funding rounds for Language I/O and Bering Lab, signaling continued investment and growth in the language industry.