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