Hamburg-based job networking platform Xing, part of the New Work SE group, is laying off 68 employees as part of a strategic realignment. The cuts affect 46 staff in Hamburg and 22 across other locations like Valencia and Porto, with the Zurich office being completely closed. This represents a significant shift for the company, which grew from a small startup to a 2,000-employee operation. The layoffs, announced in March 2023, span various roles from software development to marketing. Xing aims to refocus from a social networking model to becoming the top recruiting partner in German-speaking regions, prioritizing targeted job matching and career advice for its 21 million members.
