IONOS Is Cutting 12% of Its Workforce Five Weeks After Raising Its Revenue Outlook.

IONOS Group SE will reduce its workforce from approximately 3,800 full-time employees to about 3,350, a cut that works out at roughly 450 roles, or 12%. The company set it out on September 10 as an ad-hoc announcement under Article 17 of the Market Abuse Regulation. That is the disclosure route for inside information at a listed company. Five weeks earlier IONOS had raised its revenue growth…