Pitch laid off two-thirds of its workforce (69 employees, reducing from approximately 180 to 40 staff) in January 2024. CEO Christian Reber stepped down, stating: "I am very sorry that this happened and I take full responsibility." The company returned unspent venture capital to investors and pivoted from hyper-growth to profitability focus. Laid-off employees received at least 3 months severance. This followed a 30% cut (59 employees) in September 2022.
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Pitch operates as a fully remote, remote-first company despite being headquartered in Berlin. The company emphasizes asynchronous communication, flexible hours, and supports employees working across 38+ different locations globally. Co-founder Vanessa Stock stated the company was "focusing on creating an inclusive culture from the start" with "emphasis on remote work and flexibility." Employees report high ratings for work-life balance and remote work policies.
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Pitch — Remote Work: SUPPORTED Pitch operates as a fully remote, remote-first company despite being headquartered in Berlin. The company emphasizes asynchronous communication, flexible hours, and supports emp… https://reciepts.tech/stance/1675