Wednesday, 29 November, 2023

Tier Scooter Startup Trims Workforce by 22% in Bid for Profitability

Scooter startup Tier undertakes a workforce reduction, letting go of 22% of its employees to achieve profitability. It provides insights into the strategic decision, outlining the company's efforts to streamline operations and cut costs. This move aligns with Tier's commitment to achieving financial sustainability in the competitive micro-mobility sector, reflecting broader trends in the industry where companies seek profitability amid evolving market dynamics.