Brex lays off nearly 20% of workforce | Bank Automation News

Expense management company and neobank Brex announced today it will lay off 282 employees, roughly 20% of its workforce.  The move will help Brex become “a high-velocity company” that is “leaner, faster and closer to customers,” Brex founder and co-chief executive Pedro Franceschi said in a release. “I realized we grew our org too quickly, making […]