Startup Life/Podcast/ Mass layoffs at Cazoo as the company shuts down its EU operations This week on The Sifted Podcast, it's all about layoffs and fundraises By The Sifted Podcast Team 18 September 2022 \Startup Life From Germany to the Baltics: How stock options compare across Europe By Zosia Wanat 7 February 2023 Startup Life/Podcast/ Mass layoffs at Cazoo as the company shuts down its EU operations This week on The Sifted Podcast, it's all about layoffs and fundraises By The Sifted Podcast Team 18 September 2022 Listen to The Sifted Podcast on Apple, Spotify and all major platforms. This week on the pod, our regular host Amy is joined by Eanna, Sifted’s contributing editor. We unfortunately start with a lot of layoff news. We hear about secondhand car marketplace Cazoo’s plans to lay off 1,500 people in 2022. Then we discuss Pitch, the Berlin-based startup creating alternatives to Google Slides and PowerPoint, which announced it will be laying off 30% of its team. And last we go to Infarm, Europe’s largest vertical farming company, which laid off 50 employees in an effort to cut costs and secure its path towards profitability. In happier news, we turn to fundraises. Northzone, the European VC firm, has raised a new €1bn fund — its largest to date, and one of the biggest raised in Europe this year. EQT Growth, a new €2.4bn fund which will back 20 to 25 European and Israeli scaleups with cheques of €50m to 200m is also new. And for our main story, we’re joined by Lech Kaniuk, CEO of SunRoof, who’s startup that raised €15m this week to build its — you guessed it — solar roofing business. Then lastly we talk to Tim Smith, our reporter who visited Europe’s largest medical cannabis manufacturing facility. It is and isn’t exactly what you might think. Related Articles Startup managers: the good, the bad and the ugly By Kai Nicol-Schwarz Click here to read more “Humiliated for my sexuality”, “Fired for being dyslexic”: Sifted readers share their experiences of toxic workplaces By Kai Nicol-Schwarz Click here to read more Don’t count SPACs out yet, European dealmakers say By Selin Bucak Click here to read more Only 21% of tech unicorns are led by women, report shows By Freya Pratty Click here to read more Most Read 1 \Startup Life Tech Nation shutting down as UK government controversially pulls key funding 2 \Healthtech Spotify founder Daniel Ek officially launches new startup — and this time, he’s taking on healthcare 3 \Startup Life Series A funding for startups: What VCs want to see from founders in 2023 4 \Sustainability Planet A closes €160m for science-based climate investing 5 \Startup Life Five women and multicultural founders to watch in 2023
“Humiliated for my sexuality”, “Fired for being dyslexic”: Sifted readers share their experiences of toxic workplaces By Kai Nicol-Schwarz Click here to read more