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Picture credit: Voi Expertise
Stockholm-based Voi Expertise, a micro-mobility startup that gives electrical scooters for last-mile transportation, introduced that it has laid off 130 roles throughout Europe, accounting for 13 per cent of its world workforce.
The Swedish firm says round 70 of the roles are full-time staff and the remainder are consultants, fixed-term staff, and vacant roles.
The corporate says the announcement comes because it tries to adapt to an more and more tight capital market and speed up our path to profitability.
“This can be a very troublesome resolution and never one thing we take flippantly. We’re very unhappy to say goodbye to the Voiagers who go away us, and we wish to thank them for serving to construct the corporate thus far. They’re extremely gifted and can be robust additions to any firm. They are going to be provided severance and assist to maneuver on by our “All the time a Voiager” programme, and different help the place wanted,” says the corporate.
In June, the corporate laid off 35 roles, accounting for 10 per cent of the workforce, to scale back the general HQ price base. Voi additionally added that it’s not anticipating any capital raises within the foreseeable future.
Voi Expertise: What it’s essential know
Based in 2018 by Adam Jafer, Douglas Stark, Fredrik Hjelm, and Keith Richman, Voi Expertise provides e-scooter-sharing companies in partnership with cities and native communities.
Voi claims to be a carbon-neutral firm since January 2020 and has adopted the United Nations’ Sustainable Improvement Targets (SDGs) as a guiding framework. The corporate additionally intends to have totally electrical automobiles by early 2023.
The corporate additionally says it’ll use solely battery cells produced in Europe by 2023, leading to a 50 % decrease carbon footprint.
The Swedish firm operates in additional than 100 cities throughout Europe and the UK. In December, the corporate raised $115M (then €101.93M), bringing its whole funding to $430M.
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