Shared micromobility company Bird plans to layoff 23% of its staff, according to tech layoff tracker Layoffs.fyi.

The tech tracker attributes the news of the layoffs to an internal memo, but certain LinkedIn posts from former Bird employees confirm that the layoffs have already begun, and they’re hitting everyone from senior managers to new hires across different business divisions.

Bird has also confirmed the layoffs to TechCrunch, saying that the departures will span across the organization and regions.

“While the need for and access to micro-electric vehicle transportation has never been greater, macro economic trends impacting everyone have resulted in an acceleration of our path to profitability,” Bird told TechCrunch on Tuesday. “This path required us to reduce our cost structure in a way that allows us to responsibly and sustainably expand our service beyond the more than 400 cities we operate in today as climate action has never been more paramount. In addition to eliminating all non-critical third party spend, we also unfortunately had to depart with a number of team members who passionately helped create a new industry and paved the way for more eco-friendly transportation.”

We hate to say it, but we saw this coming, and not just because