Sunday March 03, 2024

Brex cuts 20% of staff amid reports of stalled growth, high burn
  Posted by: TechCrunch on Jan 23rd, 2024 6:10 PM

Expense management startup Brex, which was valued at $12.3 billion two years ago, laid off 282 people, or about 20% of its staff today. The once high-flying fintech startup sent a note to employees (that was also published on the company’s website) today, announcing the news. In addition, Brex announced that its COO, Michael Tannenbaum, […]

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