#15 Loc Jobs Dry Up, Furloughs, LSP Crisis Management, Clinical Trial Translations

Florian highlights some stories picked up this week in SlatorSweep, Slator’s daily news aggregation service, including Keywords Studios’ decision to furlough 200 of its game testers employees in Dublin, and news from Germany of the government’s financial support package for freelancers and small businesses. Esther discusses the impact of Coronavirus on the Slator Language Industry Job Index, which fell more than three percentage points in April 2020. Job postings for localization and translation roles fell by as much as 20% and 40% on some job aggregation sites from the month before.With much attention focused on the race to find a Coronavirus vaccine, the two talk about the role of translation services in Covid-19-related clinical trials, which are ongoing even as many others have been halted given the logistical challenges posed by a global lockdown. And Florian shares Piotr Misztal’s tips for company management teams. Piotr is Partner Value4Capital, the PE firm that backs Summa Linguae Technologies.Links to the stories discussed in this episode:Slator Job Index Falls in April 2020 as Coronavirus Hitshttps://slator.com/industry-news/slator-job-index-falls-in-april-2020-as-coronavirus-hits/Translation Services and the Race for a Coronavirus Vaccinehttps://slator.com/features/translation-services-and-the-race-for-a-coronavirus-vaccine/A Language Industry Investor’s View on the Coronavirus Crisishttps://slator.com/ma-and-funding/a-language-industry-investors-view-on-the-coronavirus-crisis/Streaming Platform HOOQ Sees ‘Great Return’ on Localization, Sets 100 Originals for 2020 Releasehttps://slator.com/features/streaming-platform-hooq-sees-great-return-on-localization-sets-100-originals-for-2020-release/