Financial Technology Company “Shows The Door” To 120 Employees: Taxfix, one of the leading taxpaying platforms headquartered in Berlin, Germany has laid off nearly 120 employees to minimize the spending cost to improve the profit outcomes. The above-mentioned job cuts seem to be 20% of its total workforce.
According to the report, this announcement has come after the company acquired Stuttgart-based start-up Steuerbot which performs a chat-based tax app and this app will be only for the German regions. The company’s spokesperson also states the above-mentioned details.
Even though Taxfix is the leading mobile taxpaying platform across Germany, Italy, and Spain they perform a round of layoff. The company does not mention the impacted sectors, it is expected that it would slit employees from tax experts, developers, and IT security experts.