EMCC European Monitoring Centre on Change

GoStudent

Company/Organisation:
GoStudent

Geographic Location

Country: World
Location of affected unit(s): Austria and other locations

Company

Sector: Information / communication
IT and other information services
63.12 - Web portals
Number Employed: 1800

Employment Effects

Announcement Date: 08-09-2022
Planned Job Reductions min: 200
Type of Restructuring: Internal restructuring
Employment Effect Start: 08-09-2022
Foreseen End Date: 31-12-2022
Direct Dismissals: 200

Additional Information

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.

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