CoachHub

In June 2023, Berlin-based digital coaching platform CoachHub laid off approximately 10% of its global workforce. This marked the second round of layoffs within just a few months, following a similar reduction in January. The company, which had around 850 employees globally after a major €200 million funding round in mid-2022, cited the need for a leaner organizational structure to ensure sustainable business development and move toward profitability. The decision was driven by challenging economic conditions, including rising interest rates, high inflation, and difficult financial markets in Europe and the U.S., which forced the startup to lower its 2023 revenue forecast and implement cost-saving measures. Concurrently, leadership changes were announced, with Matti Niebelschütz becoming sole CEO. Operating in the corporate training and HR tech industry, CoachHub is considered a high-growth startup and a potential future unicorn.

Based on the provided content, there is no information about a layoff event at CoachHub. The text appears to be a generic sign-up or login interface snippet from LinkedIn, containing no news or details about the company's operations, workforce, or any restructuring. Therefore, a summary of a layoff cannot be generated from this material.