MediaDE

Highsnobiety Layoffs

July 2023

Highsnobiety announced a layoff affecting 24 employees (10% of its workforce) in July 2023. The company operates in the Media sector.

People Affected

Percentage

10%

Announced Date

Jul 3, 2023

About

Highsnobiety, a Berlin-based streetwear and youth culture media platform owned by German e-commerce giant Zalando, laid off 24 employees last week, representing about 10 percent of its workforce. The company cited unfavorable economic conditions and the need for cost-cutting measures as reasons for the reduction. Acquired by Zalando in June 2022, Highsnobiety operates in the fashion and lifestyle media industry, having evolved from a sneaker blog into a broader publisher. The layoffs reflect broader challenges in the digital media and retail sectors amid economic pressures.