In a move signaling ongoing efforts to refine its operations, Block Inc. (NYSE: XYZ), the fintech founded by tech billionaire Jack Dorsey, is reportedly preparing to trim its workforce by as much as 10%. This development comes as part of a broader initiative to enhance… Read More
Read more in: Blockchain & Digital Assets, Fintech | Tagged block, downsizing, fintech, layoffs
In a significant restructuring move announced recently, Remitly (NASDAQ: RELY), an international money transfer service provider, has announced the closure of its research and development facility in Israel, resulting in the elimination of approximately 110 positions. This decision comes roughly three years following the company’s… Read More
Read more in: Global, Fintech | Tagged fintech, israel, layoffs, remitly
French banking provider Société Générale has revealed plans to cut approximately 1,800 jobs across its operations in France as part of a broader strategy to control costs and streamline its organization. The announcement, made on January 22, 2026, comes amid ongoing efforts by CEO Slawomir… Read More
Read more in: Fintech | Tagged banking, europe, france, layoffs, societe generale
As we step into 2026, the US real estate market remains in flux, shaped by lingering effects of past low-interest policies and emerging economic pressures. Mortgage rates have stabilized but stay elevated compared to pandemic-era lows, while expectations for Federal Reserve actions vary widely. Meanwhile,… Read More
Read more in: Global, Real Estate | Tagged interest rate, layoffs, mortgages, property market, real estate, research, united states
New government figures released on December 24, 2025, reveal a drop in the number of US workers / professionals now seeking unemployment aid for the first time, highlighting ongoing fluctuations typical of the holiday period while the broader job sector shows resilience without major disruptions…. Read More
Read more in: General News | Tagged hiring activity, layoffs, outlook 2026, us
SoftBank Vision Fund, the fintech venture capital powerhouse, announced plans to reduce its workforce by approximately 20% as part of a broader initiative to channel resources into artificial intelligence -focused ventures. The decision, which has sent ripples through the investment community, underscores the fund’s push… Read More
Read more in: Artificial Intelligence, Asia, Fintech, Global | Tagged ai, investments, layoffs, softbank, vision fund
Eclipse Labs, a Layer 2 blockchain developer, has announced a drastic reduction of its workforce by 65% and the appointment of Sydney Huang as its new CEO. This restructuring follows the company’s recent token generation event (TGE) and aims to realign resources toward building consumer-facing… Read More
Read more in: Blockchain & Digital Assets | Tagged Eclipse Labs, infrastructure, layoffs, restructuring
PostFinance, a key part of Switzerland’s financial ecosystem and a subsidiary of Swiss Post, is navigating a turbulent business / economic environment as it implements significant organizational changes to secure its competitive edge. In recent announcements, the financial institution revealed plans to reduce its workforce… Read More
Read more in: Fintech, Global | Tagged digital financial services, europe, layoffs, postfinance, switzerland
TD Bank, one of Canada’s financial institutions, has revealed plans to reduce its workforce by approximately 2%, affecting around 2,000 employees, as part of a broader restructuring effort focused on digital transformation and artificial intelligence (AI). The announcement, made under the leadership of newly appointed… Read More
Read more in: Fintech, Canada | Tagged canada, financial institutions, layoffs, td bank
Swiss-based banking technology provider Temenos (SIX: TEMN) initiated a major workforce reduction, eliminating several hundred positions across its offices in India. This move is part of a broader strategic realignment aimed at optimizing the company’s global operations and enhancing its focus on high-growth markets. The… Read More
Read more in: Fintech, Asia | Tagged banking, india, layoffs, temenos, us
Block (NYSE: XYZ), the fintech co-founded by Jack Dorsey, announced a significant workforce reduction, laying off 931 employees—approximately 8% of its total staff. Known for its subsidiaries Square, Cash App, and TIDAL, Block framed the layoffs as a strategic move to enhance organizational efficiency rather than… Read More
Read more in: Global, Fintech | Tagged block, jack dorsey, layoffs
London-based money transfer firm Zepz is reportedly laying off about 200 workers, according to a recent update from CNBC. Zepz – previously doing business as WorldRemit – is slashing approximately 20% of its 1000-member professional team as it closes down units operating in Poland and… Read More
Read more in: Fintech, Global | Tagged layoffs, worldremit, zepz
Bank payments Fintech GoCardless has released its UK Companies House filing for fiscal year 2024, indicating growth in various markets including North America. GoCardless, which claims it managed to lower losses after a 20% reduction in company staff, says it has now shifted some employees… Read More
Read more in: Fintech, Global | Tagged bank payments, gocardless, layoffs, uk
In a move that has sent ripples across the fintech and broader financial services sectors, Stripe, the global payment processing giant, announced a reduction in its workforce by 300 employees. Financial infrastructure firm Stripe’s management claimed that this restructuring is reportedly part of a broader… Read More
Read more in: Global, Fintech, Opinion | Tagged financial infrastructure, layoffs, stripe
Digital payments processing Fintech Checkout.com has reportedly cut staff members following significant sales losses. UK-headquartered payments processing Fintech Checkout.com has slashed nearly a quarter of its professional work-force after a considerable decline in reported revenue. As indicated in Checkout.com’s accounts for the financial year 2023,… Read More
Read more in: Fintech, Global | Tagged checkout.com, digital payments, employment, layoffs, uk, united kingdom
Pakistan based Fintech firm Sadapay has reportedly laid off around 30% of its employees, which includes sevearl C-suite execs, according to an update shared by local sources. Sadapay claims that the layoffs were made due to cost-cutting measures and the decision was announced during a… Read More
Read more in: Fintech, Asia, Opinion | Tagged fintech adoption, layoffs, pakistan, sadapay
Bluevine is reportedly laying off around 12% of its Israel-based workforce. Bluevine says it is on a mission to enable “a better financial future for small business owners through innovative banking solutions designed just for them.” By combining technology and security with their team’s expertise… Read More
Read more in: Fintech, General News, Global | Tagged bluevine, israel, layoffs, smbs
Mihkel Stamm, CEO of Estateguru, says that the firm will reach profitability by the end of the year. Estateguru, a real estate-backed crowdfunding platform, announced several decisions this week that should “enable the company, which has struggled with losses in recent years, to end this… Read More
Read more in: Global, Featured Headlines, Investment Platforms and Marketplaces, Real Estate | Tagged estateguru, layoffs, mihkel stamm, profitability
US-headquartered equity management Fintech Carta is reportedly announcing another round of layoffs. As first reported by Fortune, three workers have stated that San Fransisco-headquartered Carta is currently going through a restructuring process for the third time in 2023. The two other layoff announcements had been… Read More
Read more in: Fintech | Tagged carta, layoffs, united states, us
Stock trading app provider Robinhood (NASDAQ:HOOD) has reportedly laid off another 7% of its workforce, around 150 workers. This, according to a recent update from the WSJ. With trading volumes declining considerably over the past year, the Fintech company made the cuts in order to… Read More
Read more in: Fintech, General News, Investment Platforms and Marketplaces | Tagged downsizing, financial services, fintech platforms, investing, jason warnick, job cuts, layoffs, robinhood, trading
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