Retreat

Newond specializes in automating back-office operations to assist companies during layoffs, focusing on tasks such as preparing severance packages, contracts, and schedules. The platform is designed to streamline the administrative processes involved in layoffs, thereby minimizing costs, time, and risks associated with human error. With a particular emphasis on the IT sector, where layoff volumes have surged, Newond aims to expand its customer base in the United States. The company plans to leverage funds from a recent third-party allotment to fuel this growth initiative.