The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Information / Communication Computer Programming, Consultancy And Related Activities Computer Programming, Consultancy And Related Activities 62.01 - Computer programming activities
71 jobs Number of planned job losses
Announcement Date
14 November 2022
Employment effect (start)
Foreseen end date
Description
Pipedrive, a company developing sales management software, announced they will dismiss 143 employees globally. Around half of the employees work in Estonia, accounting for around 12.7% of their current Estonian workforce. The technology manager of Pipedrive explained that various alternatives were considered instead of dismissal. However, as a result of the deteriorated economic situation globally, the had to change their business and product strategies and could not avoid dismissal.
Pipedrive was founded in Estonia in 2010 and is one of the few Estonia's unicorns. Their offices situate in various countries in the EU and in the USA, employing more than 1,000 employees, of which 557 in Estonia.
Eurofound (2022), Pipedrive, Internal restructuring in Estonia, factsheet number 107759, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/107759.
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