Share Now Layoffs
December 2022
Share Now announced a layoff affecting 150 employees (36% of its workforce) in December 2022. The company operates in the Transportation sector.
150
36%
Dec 9, 2022
About
In December 2022, the carsharing provider Share Now, a joint venture originally formed by BMW and Daimler and later acquired by Stellantis, announced significant layoffs. Following its sale by the German automakers, the company planned a major workforce reduction, initially targeting 36% of its then over 450 employees, which would have meant at least 150 job cuts. However, after negotiations, the final number was reduced to fewer than 50 layoffs in Germany. The restructuring aims to achieve profitability after years of substantial losses, as Stellantis integrates Share Now with its existing Free2Move service to strengthen its position in the European mobility market.
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