As layoffs rip through the startup world, the micromobility industry, which has long struggled to be profitable, is being hit. Just weeks after Bird laid off 23% of its workforce, the next round of industry layoffs will hit Voi and Superpedestrian, according to LinkedIn messages from former and current employees.
“…we are with” Voi technology announced today that we are further increasing our focus on profitability and aiming to reduce head office expenses by 25% from current levels,” said Mattias Hermansson, Chief Financial Officer and Deputy CEO at Voi, posted on LinkedIn on Wednesday. “We are mainly focusing on reducing external spend, but unfortunately 35 currently held HQ-related functions (~10%) are affected.”
Hermansson went on to say that Voi is in a strong financial position after cutting spending in the first half of the year in response to the “changing growth capital environment” and not “anticipating additional capital increases in the near future. “
Superpedestrian confirmed to gotechbusiness.com that it will reduce the size of its global team by 7% or by 35 employees.
“This is part of an enterprise-wide effort to reduce our costs and accelerate the path to profitability,” said a statement from Superpedestrian. “We remain committed to providing top quality services to cities where we operate our shared scooter fleets.”
Correction: Since its original publication, Superpedestrian has confirmed to gotechbusiness.com that 35 employees have been or will be laid off.