Greenlight, kids-focused fintech startup, lays off 104 employees to optimize expenses

Greenlight, kids-focused fintech startup, lays off 104 employees to optimize expenses

a year ago
Anonymous $_PGtSJbg8h

https://techcrunch.com/2023/01/12/greenlight-fintech-layoff/

Greenlight, a fintech startup offering debit cards to kids, has laid off 104 employees — or over 21% of its total headcount of 485 employees — to “better align with ongoing operating expenses” amid the economic slowdown.

TechCrunch learned about the layoff that was announced to its employees earlier this week. The startup later confirmed the development over an email.

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