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Appen slashes staff, promises more revenue transparency – Sydney Morning Herald

Appen shares soared after the crowdsourcer announced plans to cut staff numbers as part of a restructure aimed at making it more customer-focused.

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On Thursday, Appen is expected to detail the new features of its platform which can now support any customer that wants so-called training data – like a retailer looking to automate the identification of products it sells – not just those that have invested in their own data recognition like the tech giants.
This enables us to provide high quality training data faster at scale, and with improved unit economics, Mr Brayan said.
The company also said it will report its results in US dollars as of…

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