Paris-based ride-hailing company Kapten, owned by Free Now Group, has laid off at least 68 employees, primarily from its Engineering and Product teams, as part of a broader restructuring. The layoffs, which occurred around May, stem from the company's decision to halt additional investments in its Paris Tech hub. While initial estimates suggested between 130 to 180 employees could be affected, the confirmed number so far is 68. The process unfolded over several months due to local labor law regulations, reflecting challenges in the competitive ride-hailing industry.
