Brex Layoffs 2025 Loka

Brex Layoffs 2025 Loka. Dell Layoffs 2025 Reddit In India Lily Nawal is firing 282 employees — about a fifth of its workforce — after its founder and co-chief executive officer said the company grew too quickly. Brex, the fintech startup that made a splash with corporate credit cards and moved into cash management accounts for tech companies, has cut its staff by 20%

Fintech Brex undergoes restructuring, layoffs ensue
Fintech Brex undergoes restructuring, layoffs ensue from www.pinterest.com

Brex, known for its corporate credit cards and expense-management capabilities, will also alter its leadership structure and change its operating model, according to a statement on the firm's website Tuesday. Brex, the fintech startup that made a splash with corporate credit cards and moved into cash management accounts for tech companies, has cut its staff by 20%

Fintech Brex undergoes restructuring, layoffs ensue

This isn't the first time Brex has undergone significant layoffs In October 2022, Brex eliminated 136 positions, or 11 percent of its staff, and in June 2020, the company laid off 62 employees. Brex, the fintech startup that made a splash with corporate credit cards and moved into cash management accounts for tech companies, has cut its staff by 20%

Goodyear Layoffs 2025 Walid Cicah. In October 2022, Brex eliminated 136 positions, or 11 percent of its staff, and in June 2020, the company laid off 62 employees. This move shows that even a decacorn—a privately held company with a valuation topping $10 billion.

[B!] Brex The Future of Business Finance and Cash Management Y Combinator. Brex, the fintech giant valued at $12.3 billion, announced it will lay off 20% of its staff BY Kylie Robison Fintech startup Brex, cofounded by Henrique Dubugras, is planning to ax more staff. Brex, valued at $12.3B earlier this year, lays off 11%.