French ride-hailing startup Kapten releases layoff list

🌎 Paris ∙ 👩 At least 68 employees ∙ 🖥 Engineering and Product

A Paris-based ride-hailing company owned by Free Now Group, Kapten set up a Talent Directory to promote its departed alumni (see link 👇). In a LinkedIn post promoting the directory, Free Now’s CTO said that the company decided to “stop additional investments into [its] Paris Tech hub.”

Back in May, multiple sources told Layoffs.fyi that Kapten was conducting a layoff, with estimates ranging from 130 to 180 employees affected. Due to local labor law regulations, the process was expected to take several months to complete.

The Kapten layoff list features 68 ex-employees, primarily in Engineering and Product.

Our live Layoffs Tracker has a real-time report of all startups that have done layoffs.