Brno-based travel tech company Kiwi.com has confirmed the layoffs of around 216 people, or 18% of its workforce.
In a statement provided to Tech.eu, Kiwi.com CEO and founder Oliver Dlouhy said:
“This is one of the most difficult decisions I have ever had to make in my life, as it affects all of our esteemed team members who have been part of the Kiwi.com journey.
“The structure we have operated for many years, including the talented and talented people we have in place, was put in place to support the trading model that was right for us, the market and our customers at the time.”
The news comes just days after Kiwi.com and Irish low-cost carrier Ryanair announced a partnership, which was seen as an “important and positive development” and which ended a lengthy period in which both parties went to court. It is believed that the path to resolving the conflict has been opened. In the Czech Republic and in Spain.
Ryanair has suspended Kiwi.com due to a variety of issues, including transparency and how customers receive compensation for flight delays and cancellations when purchasing tickets through Kiwi.com. He has filed multiple lawsuits against him.
A representative for the company told Tech.eu that the round of job cuts was not a hasty decision, but reflected a shift in strategy towards a customer-centric approach, and that the restructuring was in line with other measures, including cost control. He emphasized that it is part of the We will also introduce new initiatives to support business growth.
Mr Drouy added:
“Of course, our top priority at this time is to support our team members who are affected by the changes, ensuring that our severance packages are not only fair but generous, and helping them navigate the transition. We are committed to providing resources to help.”
Lead image: Photo credit Jacques Le Gall