Verbit

After replacing its CEO Tom Livne with Yair Amsterdam, Israeli captioning and transcription solutions company Verbit began laying off dozens of employees today including 20 in Israel. The company has 500 employees…

Israeli transcription company Verbit is mulling a merger with Boston-based transcription giant 3Play Media, sources inform "Globes." The merger would take place in collaboration with US investment bank Goldman Sachs and…