Posted on August 23, 2022
Tier Mobility, the German micromobility giant that recently acquired Spin from Ford, is laying off 16% of staff, or 180 people, according to a LinkedIn post by CEO Lawrence Leuschner and an open letter from the executive that has been viewed by TechCrunch.
“Ultimately, we have to respond to the current economic and funding climate, reducing the number of projects and business lines we are focussing on as a company in order to accelerate our path to profitability,” wrote Leuschner.
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