Mass layoffs at Tier Mobility

The e-scooter provider is apparently laying off 180 employees. It joins a whole series of start-ups that are making redundancies during the crisis.

The e-scooter start-up Tier Mobility is apparently laying off 180 employees. The start-up announced this on Tuesday, marking the next shock wave of redundancies in the start-up sector. After large companies such as Klarna and competitors such as Bird, another major player in the start-up scene (660 million euros in funding, two billion US dollars valuation) is now joining the ranks of mass redundancies.

According to Tier Mobility, the 180 employees make up around 16 percent of the workforce. The start-up explains the redundancies as follows: "Unfortunately, the combination of the enormous external challenges currently facing the technology sector and the tightening of the funding market means that we have come to the difficult conclusion that we need to make more fundamental changes to the business to secure the long-term future of the company."

The dismissal of the employees directly reflects the decision to "focus projects to put TIER on a more solid financial footing so that we can continue our mission to change mobility for the better," it says. According to Tier Mobility, employees have already been informed of their redundancy. In the "vast majority of cases", employees have been informed by team leaders in 1-2-1 meetings, writes CEO Lawrence Leuschner in a statement.