Jobrad in Freiburg: Every Fifth Job Should Be Dropped
5 Articles
5 Articles
With JobRad, one of Germany's leading leasing providers for service bikes wants to reduce around 20 percent of its workforce. For a long time, the business model was still seen as a hope for the industry.
JobRad cuts about one fifth of the jobs in Freiburg. What does this mean for the 850 employees and how does the management react to the crisis in the bicycle market?
JobRad, a major player in corporate bike rentals in Germany, will be cutting 170 jobs, or 20% of its workforce. Several economic factors were cited to justify this decision. [Read more] Great deals don't wait: subscribe to our Frandroid Deals WhatsApp channel! (zero spam, we promise).
Around one in five jobs in the core company falls away: these are about 170 jobs out of a total of 850 employees. Whether there will be redundancies is still unclear.
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