Brex Layoffs 2025 Loka. Forbes Layoff Tracker 2025 Xavier Faris 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, 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.
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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.
[B!] Brex The Future of Business Finance and Cash Management Y Combinator
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. In October 2022, Brex eliminated 136 positions, or 11 percent of its staff, and in June 2020, the company laid off 62 employees. Fintech giant Brex, valued at $12.3 billion, is laying off 20% of its staff, Fortune has learned
Layoffs Announced For 2025 Zayne Hope. 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% 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.
Layoffs In 2025 Sada Wilona. Brex is set to cut approximately 11% of its workforce. The company, however, refuted these claims, stating that the layoffs are aimed at making Brex more agile and accelerating its path to profitability.