Komoot sold to Italian tech company, putting jobs at risk
Briefly

Bending Spoons, an Italian tech company, announced its acquisition of the route-planning app Komoot, which has generated concerns about job security for Komoot's 150 employees. The acquisition could lead to significant layoffs, following a pattern observed with previous Bending Spoons acquisitions that resulted in mass job losses. Additionally, uncertainties surround the future of Komoot's sponsorships and its free service model. Komoot's CEO emphasized the challenge of scaling the business, indicating the potential need for a shift in approach under Bending Spoons' ownership, even as they celebrate their growth in user base.
"For 17 years, we have been on a mission to make outdoor adventures accessible to all... However, what got us here won't take us to the next level."
"The jobs of most if not all of Komoot's staff are now understood to be at risk following a short transition phase as Bending Spoons assess their new acquisition."
Read at cyclingnews.com
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