Summary : Five members of Forbes’ Fintech 50 list, released in early June, appear to be cutting staff.
Through LinkedIn research and speaking directly with companies and industry insiders Some unconfirmed reductions may be due to attrition rather than layoffs, but LinkedIn data typically understates the number of dismissed employees.
LinkedIn data reveals other digital banks have made big reductions.
Signs of layoffs often don’t appear in LinkedIn for weeks, since employees aren’t inclined to remove a company from their profile–and basically announce they’ve lost their job–immediately after being let go and before they’ve found another position.
<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<
