Brex, the $3 billion fintech startup, is laying off 62 workers and restructuring to focus on 'building over growing'

Business Insider
By Bani SapraMay 29, 2020, 6:07 pm255 pts
Brex, the startup known for its startup-friendly credit card and banking services, announced that it was cutting the jobs of 62 employees on Friday. The startup, which just raised $150 million earlier this month, said that the company needed to restructure itself to build new products rather than grow amid…

Read Article Share
Share Article
- email
- twitter
- facebook
- pocket
- reddit
- tumblr
- linkedin
- pinterest

Trending Today on Tech News Tube

Psst, hey. It's the NSA. You want some AI security advice? 128

New business models keeping Foxconn on track for 2025 EV targets, says chairman Young Liu 128

Mars helicopter sends final message, but will keep collecting data 126

Drive-Through Car Wash Was Too Much for Tesla Cybertruck 125

Trump's Truth Social Has Gone Woke 124

Taiwanese film studio snaps up Chinese surveillance camera specialist Dahua 121

LG's S95TR soundbar with wireless Dolby Atmos is now available for $1,500 114

Prolific phishing-made-easy emporium LabHost knocked offline in cyber-cop op 114

About Tech News Tube

Tech News Tube is a real time news feed of the latest technology news headlines.

Follow all of the top tech sites in one place, on the web or your mobile device.