Emma Sleep, a Frankfurt-based mattress manufacturer, has laid off 200 employees, representing 18% of its global workforce of 1,120. CEO Dennis Schmoltzi attributed the job cuts to challenging market conditions, citing prolonged instability in the e-commerce and home furnishings sectors. The company has adjusted its outlook, planning for no growth this year, and is realigning its organizational structure accordingly. Additionally, the implementation of new operational and financial systems proved more complex than anticipated, creating further challenges. Despite the layoffs, Emma Sleep continues to hire for roles in sales and e-commerce. The company, which operates internationally and reported revenues approaching €900 million, is scaling back after a period of rapid expansion.
