Flop

News
Sales shock for Creditshelf
The fintech has to revise its annual forecast for 2022 downwards. Millions are at stake.

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Gostudent apparently lays off hundreds of employees
The tutoring platform is said to have terminated around 350 employees. This primarily affects employees from customer service.

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Dropp is apparently broke
Last week, Spokebase, the company behind the Dropp brand, filed for bankruptcy. A year ago, the start-up was still raising money from investors like Atlantic Ventures.

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Tomorrow lays off many employees
The start-up has to cut costs due to the poor overall economic situation and is laying off around a quarter of its workforce.

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Xentral apparently lays off ten percent of its workforce
According to a media report, the start-up wants to reorganize in order to defy the difficult economic situation. Xentral is trying to find new jobs for the affected employees.

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Sharenow likely to lay off fewer employees than planned
After the sale of the car-sharing company, 36 percent of the jobs were supposed to be eliminated. Now it looks like there will be fewer.

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Grover lays off employees to reach break-even point
Just this spring, the Berlin-based equipment rental company became a unicorn with a valuation of more than one billion euros. Now there have been layoffs.

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Penta no longer accepts new customers
With this step, Neobank initiates the departure from Solarisbank. The migration of customers to the new French parent Qonto begins.

News
Sono Motors fights for its Sion
Sono Motors needs 3,500 more reservations for its "Sion" solar electric car. Otherwise, the project is on the brink of extinction.

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Timeless watches stolen from vault
At the end of November, burglars apparently stole around 1,000 watches from a vault, probably including luxury watches that Timeless had purchased. The incident has no impact on the start-up's business activities.
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