- CEO
- Petra Von Strombeck
- Full Time Employees
- 1,444
- Sector
- Communication Services
- Industry
- Internet Content & Information
- Address
- Am Strandkai 1 Hamburg Germany 20457
- IPO Date
- Oct 19, 2011
- Business
- New Work SE operates as a leading provider of online platforms for professional networking, talent matching, and employer insights in German-speaking countries; its core offerings include the XING jobs network, which connects over 22.5 million members for job searches, recruiter visibility through Hiring badges, and talent access solutions; the kununu employer review platform, delivering Workplace Insights on 11.7 million company profiles, job alerts, and cultural fit matching; and onlyfy by XING for recruiting services. The company, founded in 2003 and headquartered in Hamburg, Germany, maintains operations across Germany, Austria, Switzerland, and additional locations in Berlin, Vienna, Munich, Porto, Barcelona, and Valencia, serving B2C users, HR solutions for employers, and B2B marketing segments with a workforce of approximately 1,400 employees. In 2024, New Work SE advanced a comprehensive restructuring initiated in April, achieving cost reductions including lower personnel expenses and a pro forma EBITDA margin doubling to 27 percent in Q2 amid revenue declines from B2C realignment and economic pressures; it discontinued Honeypot, launched major branding campaigns for XING and kununu, rolled out product innovations like kununu job alerts and XING recruiter tools, confirmed a 2024 pro forma EBITDA forecast of 55 to 65 million euros, saw CFO Ingo Chu announce departure by mid-2025 after 15 years, and entered a delisting agreement with majority shareholder Burda Digital SE holding 74.22 percent of shares, leading to revocation of Xetra trading.