German micromobility operator Tier Mobility is laying off another 22% of its workforce to cut costs in the never-ending grind toward profitability, according to a LinkedIn post from CEO Lawrence Leuschner. The hits keep coming for the micromobility giant, which sailed into 2022 on a high note. By March 2022, Tier had raised a $200 million Series D from SoftBank Vision Fund 2 and Mubadala Capital, and had acquired docked e-bike share company Nextbik… Click below to read the full story from TechCrunch
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Scooter startup Tier lays off 22% of workforce to reach profitability
