https://layoffcheck.com/companies/chrono24 Layoff and WARN notices reported for Chrono24. en-us https://layoffcheck.com/companies/chrono24#2025-01 https://layoffcheck.com/companies/chrono24#2025-01-481 Thu, 16 Jan 2025 12:00:00 GMT Luxury watch marketplace Chrono24 announced on January 15, 2025 that it was cutting around 110 positions, approximately 24% of its workforce, as part of a broad reorganization under CEO Carsten Keller, who joined in 2024. The Karlsruhe-based company said the reduction spanned various departments and all levels of seniority, with the goal of streamlining decision-making and sharpening focus on strategic growth. After the cuts, the company expected to employ around 350 people across its offices in Europe, the United States, and Asia. All affected employees were offered severance packages, though specific terms were not disclosed. The backdrop was a difficult period for the pre-owned watch market, where prices had fallen nearly 30% between 2023 and 2024, even as Chrono24 reported being profitable for the full year 2024. https://layoffcheck.com/companies/chrono24#2023-01 https://layoffcheck.com/companies/chrono24#2023-01-2269 Mon, 30 Jan 2023 12:00:00 GMT Chrono24 reported a workforce reduction in Karlsruhe in January 30, 2023. https://layoffcheck.com/companies/chrono24#2022-12 https://layoffcheck.com/companies/chrono24#2022-12-2595 Thu, 08 Dec 2022 12:00:00 GMT Chrono24 reported a workforce reduction in Karlsruhe in December 8, 2022.