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Car-sharing SPAC Getaround lays off 10% of staff

Peer-to-peer car-sharing company Getaround is laying off 10% of staff starting Thursday. The layoffs are part of a restructure aimed to put Getaround on the path to “sustainable profitability and long-term growth,” the company said in a statement.
Per LinkedIn, Getaround has 421 employees, so the staff cuts should affect around 42 employees. Getaround did not respond in time to TechCrunch to confirm the number of laid-off employees, nor which teams will be most affected.
The news comes a day after Getaround received a delisting warning from the New York Stock Exchange because its s

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