Coolbet plans to cut 131 positions at its Tallinn headquarters as it faces challenges in the B2B sector, Next.io reports.
The Estonian tech company's decision reflects broader industry pressures affecting digital service providers across Europe.
Estonia's government has been promoting digital innovation, but recent economic shifts have created uncertainty for firms like Coolbet.
E14 places every story on a stack of fifteen floors, from the fields under everything to the planet acting as one. This one sits on E11, organizations; the pressure it names: Tech job cuts. Its words also reach E10 institutions and E12 states.
Here it is a dynamic between organizations, institutions and states: Coolbet plans, cut 131 positions and Tallinn headquarters (E11 organizations), with B2B sector, digital service providers, economic shifts and digital innovation (E10 institutions), and Estonia's government (E12 states).
The floor of companies and infrastructure. In this briefing: Coolbet plans, cut 131 positions, Tallinn headquarters.
The floor of money and rules. In this briefing: B2B sector, digital service providers, economic shifts, digital innovation.
The floor of states and force. In this briefing: Estonia's government.