Sharenow will probably lay off fewer employees than planned

Following the sale of the car-sharing company, 36 percent of jobs were actually to be cut. Now it looks like there will be fewer.

The car-sharing company Sharenow is facing a mass redundancy, but it will be less serious than long thought. As Gründerszene reports, 36 percent of the more than 450 employees are to be made redundant. In total, more than 150 people would be affected. However, a spokesperson for the company told Gründerszene that 50 employees are to be made redundant in Germany.

The higher figures come from a letter from the works council, which the Sharenow spokesperson claims is out of date. A few months ago, the Opel group Stellantis took over the car-sharing provider, which previously belonged to Daimler and BMW. Since then, redundancies have been expected. Sharenow was created in 2019 from the merger of Car2Go and Drivenow.

Daimler posted a loss of 329 million euros for Sharenow before the sale, with turnover of 260 million euros. Neither car manufacturer earned any money with the car sharing model, although Sharenow has the world's largest fleet and the most customers. At Stellantis, the joint venture will now become part of the existing infrastructure of its own Free2move platform.