Tag: job cuts

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GoCardless names Franck Cohen as first chairman of the board

GoCardless, a UK-based paytech company, has appointed Franck Cohen as its first chairman of the board. Cohen brings extensive technology and software experience to...

Payoneer becomes latest fintech to cut jobs

Payoneer, a New York-based payment platform, is planning to cut 9% of its workforce by Q3 2023. The company aims to enhance productivity, streamline...

Robinhood reportedly laying off 7% of staff in fresh round of job cuts

US stock trading app Robinhood is reportedly laying off around 150 staff, which accounts for 7% of its full-time employees. This marks the third...

German mobile tax app Taxfix cuts 120 jobs in restructuring effort

Berlin-based mobile tax app Taxfix has implemented a restructuring effort, resulting in the layoff of 120 employees, which accounts for approximately 20% of its...

German challenger N26 to cut 71 jobs, around 4% of total workforce

German challenger bank N26 is cutting 71 jobs, which represents approximately 4% of its total workforce. The move is aimed at aligning the company...

Morgan Stanley reportedly set to cut 3,000 jobs by end of Q2

Morgan Stanley is reportedly planning to cut 3,000 jobs by the end of Q2 2023 due to a decrease in deal making, leading to...