Electric scooter maker Bounce fires 4% of its workforce

Electric scooter maker Bounce said on Friday it had let go about 4% of its workforce.

This is a new round of layoffs at the company after its shared mobility business took a hit soon after the Covid-19 outbreak in 2020, leading to multiple rounds of employee terminations in 2020 and 2021.

“We did go through an internal restructuring and had to let go of a few folks. Less than 4% to be precise,” a spokesperson for Bounce said.