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HomeStartup LayoffsJanuary 2023 › Software AG

Software AG lays off 200 employees — January 31, 2023

Software AG, a data company based in Germany, laid off 200 employees on January 31, 2023. At the time, the company was at the Post-IPO stage. The layoff was reported by this source.

Company
Software AG
Employees laid off
200
Date
January 31, 2023
Industry
Data
Country
Germany
Company stage
Post-IPO
Total raised (pre-layoff)
$344M

Source: https://investors.softwareag.com/content/dam/investorrelation/pdfs/english/financial-results/2022/q4/20230131_sow_en_press_release_q4_2022.pdf.sagdownload.inline.1675184544569.pdf

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