Holidu cuts about 60 jobs after a year of acquisitions

Munich-based holiday rental scaleup Holidu is laying off around 60 employees, almost eight percent of its workforce. Co-founder and CEO Johannes Siebers confirmed the cuts. The headcount will fall from roughly 730 to about 670 people.

Cuts follow a year of deal-making

The reduction comes after several acquisitions the company completed this year. Siebers has explained the reasons behind the decision, but the core facts are clear: Holidu is shrinking its team shortly after expanding its business through purchases, and one in roughly twelve employees is affected.

The timing is notable. Acquisitions usually add people, products and processes to a company, and the layoffs show that growth through deals does not automatically translate into a larger team. How the cuts are spread across departments or locations has not been disclosed.

What it means

For the affected employees, the news brings uncertainty at a time when the German startup scene has seen repeated rounds of restructuring. For the wider market, it is a signal that even established scaleups in the holiday home sector are adjusting their cost base and organization after phases of expansion.

Holidu, headquartered in Munich, operates in the holiday rental segment and has grown to several hundred employees. With about 670 people remaining, the company will continue operating at a considerable size. Further details on how the integration of the acquired businesses will proceed, and whether additional organizational changes are planned, have not been announced.