Berlin-based HR tech startup Workmotion laid off approximately 60 employees, representing 20 percent of its workforce of over 300, in December 2022. The company, which provides a SaaS platform for hiring and managing remote international employees, cited a macroeconomic slowdown affecting client hiring as the reason. Despite raising $50 million in a Series B round earlier that year and having strong investor backing, management stated that a leaner team was better suited to navigate the challenging market conditions, while emphasizing the company's ongoing stability.
