🛒 Zapp plans to lay off 10% of staff. The London-based speedy grocery company recently entered into a redundancy consultation period with staff as it looks to lay off between 200 and 300 employees, which would see it leave all cities other than London.
📉 Getir and Nuri announce plans to cut staff. Getir, the speedy delivery app, plans to lay off around 14% of its global workforce, cutting around 4,500 roles. Nuri, the Berlin-based digital bank, has announced plans to make 20% of its
team — around 45 people — redundant in response to the economic downturn.
💳 Breaking down Klarna's layoffs. Even Europe’s most valuable startup isn’t immune to global economic pressures. Klarna, the BNPL giant, is set to lose 10% of its global workforce, with talent acquisition, engineering and business development roles most affected.
🚀 The companies still hiring. Despite the slowdown, we've found more than 90 startups and scaleups which are still hiring for roles across Europe.
🚘 FINN raises $110m Series B. The London-headquartered car subscription platform will use the money to expand across the US and Europe, with the goal of achieving 30k subscriptions by the end of 2022. The round was led by Korelya Capital, and the funding brings the startup's valuation to more than $500m.
