Brex Layoffs 2025 Loka. Tech Layoffs 2025 Tracker Leone Catlaina Brex, known for its corporate credit cards and expense-management capabilities, will also alter its leadership structure and change its operating model, according to a statement on the firm's website Tuesday. This move shows that even a decacorn—a privately held company with a valuation topping $10 billion.
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Expense management startup Brex, which was valued at $12.3 billion two years ago, has laid off 282 people, or about 20% of its staff today. Brex, known for its corporate credit cards and expense-management capabilities, will also alter its leadership structure and change its operating model, according to a statement on the firm's website Tuesday.
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Brex, the fintech giant valued at $12.3 billion, announced it will lay off 20% of its staff BY Kylie Robison Fintech startup Brex, cofounded by Henrique Dubugras, is planning to ax more staff. Brex, the fintech startup that made a splash with corporate credit cards and moved into cash management accounts for tech companies, has cut its staff by 20% Fintech startup Brex cited a challenging macro environment in its decision to lay off 136 employees after shifting its focus to enterprise
Tech Layoffs 2025 Tracker Leone Catlaina. Fintech giant Brex, valued at $12.3 billion, is laying off 20% of its staff, Fortune has learned Brex, valued at $12.3B earlier this year, lays off 11%.
Brex Layoffs 2025 Schedule Tv Chet H Sellers. Brex and MX have joined the long list of fintechs to announce staff cuts this year According to an employee at the company, an internal meeting was announced at 11:30 a.m