Fintechs look to staff cuts amid inflation, market volatility

https://bankautomationnews.com/allposts/retail/fintechs-look-to-staff-cuts-amid-inflation-market-volatility/
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Varo Bank is joining other fintechs struggling in a worsening economic environment. The charter bank announced last week that it recently laid off 75 employees, or about 10% of its workforce. The cuts are the result of increased inflation and market volatility, Varo Chief Executive Colin Walsh said in a July 19 staff message. “As […]

https://bankautomationnews.com/allposts/retail/fintechs-look-to-staff-cuts-amid-inflation-market-volatility/