People Digest: Layoffs at bike-sharing startup Vogo, online retailer Koovs

People Digest: Layoffs at bike-sharing startup Vogo, online retailer Koovs

The Vogo founding team

Bike and scooter-sharing startup Vogo has slashed 15 per cent of its total workforce or about 55 employees  in the past three months in a bid to cut costs and focus on profitability. Separately, online retailer Koovs Plc has let go of half of its staff.

Vogo lays off 15% of its workforce

Bike and scooter-sharing startup Vogo has slashed 15 per cent of its total workforce or about 55 employees in the past three months in a bid to cut costs and focus on profitability, according to a report in Entrackr.

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