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Spain – Jobs website JobAndTalent lays off 50 (AIM Group)

27 December 2016

Jobs website JobAndTalent cut 50 employees from the team in its Madrid headquarters, AIM Group reported. Thirty-five of the 50 worked as engineers; the remaining 15 were made redundant in other parts of the company. This followed layoffs in October, when the team of engineers lost 18 members and another 15 jobs were cut in other departments. All in all, 83 jobs have so far been cut in the fourth quarter of 2016. JobAndTalent has raised almost US$85 million to date, and closed its most recent round of US$42 million in June 2016.