The Waltham-based company said the reduction - equal to about 8 percent of its total workforce - will result in $18 to $20 million in annualized cost savings.
Lionbridge also said it would consolidate some of its offices.
The firm expects to incur restructuring expenses of $13 to $15 million, most of it in the current fiscal year.
A service of YellowBrix, Inc.
