Lendis

Lendis, a company in the fintech or business services industry, has laid off half of its team due to deteriorating market conditions over recent months. The founders announced this difficult decision with a heavy heart, taking full responsibility and pledging support for affected employees. While the exact number of employees impacted isn't specified, the 50% reduction indicates a significant downsizing as the company seeks to navigate the challenging economic environment.

In July 2022, Berlin-based startup Lendis laid off 15% of its workforce, affecting approximately 18 employees out of a team of over 120. The company, which shifted from office furniture rental to B2B software for hybrid work management during the pandemic, cited the ongoing economic crisis and challenging funding environment as reasons for the cuts. Co-founder Stavros Papadopoulos explained that while Lendis continues to grow, these layoffs were necessary to navigate the downturn sustainably. Reports indicate the layoffs primarily impacted recent hires and employees still in probation periods across various departments.