https://techcrunch.com/2023/01/25/tier-mobility-and-spin-lay-off-100-more-employees/

Around a year ago, Tier Mobility was winning the shared micromobility game. Fueled by its $200 million Series D fundraise in October 2021, the company went on to acquire three other micromobility operators and a computer vision startup, giving it access to e-bikes — a reach that extended beyond Europe and into the U.S. — and the tech needed to assuage politicians’ fears over safety.

Today, Tier is in the midst of another round of layoffs. As a result of previous restructurings, Tier is laying off around 80 workers, some of whom are under the Nextbike umbrella, to make up for redundancies. Tier had purchased the German bike-share startup in November 2021 to expand its vehicle offerings beyond e-scooters.