Personio’s Shake-Up, HireAra vs. Poetry & Amazon’s French Fiasco

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https://www.podtrac.com/pts/redirect.mp3/pdst.fm/e/chtbl.com/track/E7177/traffic.megaphone.fm/FPMN3552188166.mp3?updated=1707239088

What’s on tap on this episode of The Chad & Cheese Podcast Does Europe? Munich-based company Personio has laid off 101 employees, constituting 5% of its workforce, to strengthen its market position and advance its product roadmap. The layoffs primarily affected the technology and product departments.

The move follows Personio’s valuation at $8.5 billion, and the boys discuss the trend of venture capital and private equity focusing on headcount growth, emphasizing the importance of revenue. They predict more layoffs from other unicorns that have received substantial funding. The discussion also touches on the IPO plans for Personio and the challenges faced

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