Komoot’s Move into Italian Tech Sector Sparks Job Security Concerns

Italian generation corporate Bending Spoons introduced the purchase of route-planning app Komoot on Wednesday, with task losses conceivable consequently.

Bending Spoons owns a number of well known tech manufacturers, together with Evernote, WeTransfer, Issuu, and Brightcove. In a press unencumber pronouncing the purchase, it claims to serve a thousand million other folks, with greater than 300 million other folks the usage of its merchandise each and every month.

A file by way of Sportive mentioned that group of workers at Komoot have been “totally blindsided” by way of the sale. The corporate employs 150 other folks, together with round 25 in the United Kingdom. Sportive.com reported that “the jobs of most if not all of Komoot’s staff are now understood to be at risk following a short transition phase as Bending Spoons assess their new acquisition”.

Corporations purchased by way of Bending Spoons in recent times have confronted mass task losses upon acquisition, with Evernote and Mosaic seeing their complete team of workers laid off, whilst WeTransfer laid off 75% of its group of workers, Brightcove laid off 66%, and MeetUp laid off a “significant portion”.

Along anticipated layoffs, the way forward for Komoot sponsorships, together with the Komoot Ladies’s Rally collection, may be up within the air. It is unclear whether or not the app will even stay loose to make use of. Previous this month, Komoot introduced that new customers must purchase a top rate subscription to sync routes to their gadgets.

“For 17 years, we have been on a mission to make outdoor adventures accessible to all,” mentioned Komoot CEO and co-founder Markus Hallerman.

“From humble beginnings in our student rooms, we’ve built Komoot from the ground up and grown it to 45 million users, making it Europe’s leading outdoor platform. Komoot inspires millions to explore the outdoors, improving both physical and mental well-being, and continues to grow worldwide.

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“Alternatively, what were given us right here may not take us to the following degree. Scaling an organization calls for a unique mindset and ability set than development one. That is why we consider Bending Spoons, with its distinctive experience in riding innovation and scaling platforms, is the very best spouse to steer Komoot into the longer term.”

Bending Spoons CEO and co-founder Luca Ferrari said that he was “deeply inspired by way of Komoot’s achievements over the last 17 years”, adding that he was “passionate about its long run expansion possible”.

“By means of leveraging the Bending Spoons experience and platform applied sciences, we are assured we will lend a hand Komoot cross from power to power for many years yet to come,” he added.