Tier Mobility Layoffs
January 2023
Tier Mobility announced a layoff affecting 80 employees (7% of its workforce) in January 2023. The company operates in the Transportation sector.
80
7%
Jan 25, 2023
About
In January 2023, Tier Mobility, a major European micromobility operator, announced another round of layoffs affecting approximately 80 employees, representing about 7% of its overall staff. This follows a previous cut of 180 employees in August 2022. The company, which had aggressively expanded through acquisitions like Nextbike and Spin, cited restructuring to eliminate redundancies and a challenging macroeconomic environment as reasons. The layoffs are part of a broader shift from an "all-out growth mode" to a focus on achieving profitability, reflecting industry-wide pressures in the tech and shared transportation sectors.
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