GoStudent

Type
Internal restructuring
Country
World
Region
Location of affected unit(s)
Austria, other locations
Sector
Information / Computing
63 - Computing infrastructure, data processing, hosting and other information service activities
63.9 - Web search portal activities and other information service activities
63.91 - Web search portal activities
200 jobs
Number of planned job losses
Job loss
Announcement Date
8 September 2022
Employment effect (start)
8 September 2022
Foreseen end date
31 December 2022

Description

Tutoring start-up GoStudent has announced to dismiss 200 employees worldwide by the end of 2022. Dismissals will happen in Vienna as well as other global locations. GoStudent is also planning to discontinue the business in the U.S. and to focus on markets of Austria, Germany, Switzerland, France, Great Britain, Italy and Spain.

The tech company provides online tutoring services to students across many countries. Founded in 2016, it currently employs 1,800 worldwide.

Sources

Citation

Eurofound (2022), GoStudent, Internal restructuring in World, factsheet number 107303, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/107303.