Banking

Fintechs seek to personnel cuts amidst inflation, market volatility

Varo Bank is signing up with other fintechs having a hard time in an intensifying financial environment. The charter bank revealed recently that it just recently laid off 75 staff members, or about 10% of its labor force. The cuts are the outcome of increased inflation and market volatility, Varo Chief Executive Colin Walsh stated in a July 19 personnel message. “As […]



Gabriel

A news media journalist always on the go, I've been published in major publications including VICE, The Atlantic, and TIME.

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