Superpedestrian Layoffs
December 2023
Superpedestrian announced a layoff affecting 0 employees in December 2023. The company operates in the Transportation sector.
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Dec 15, 2023
About
Superpedestrian, an e-scooter startup, is shutting down its U.S. shared scooter operations on December 31, 2023, and exploring a sale of its European business. The company, which had raised $125 million just 18 months prior, cited financial difficulties as the reason, despite efforts from investors to keep it afloat. This move follows a series of layoffs and reflects broader challenges in the e-scooter industry, such as market exits and valuation declines. The shutdown will result in minimal staff remaining as scooters are retrieved nationwide.
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