FintechOS, a Romanian-founded fintech startup, has conducted layoffs as part of a restructuring effort aimed at achieving profitability. While the company's co-founder and CSO, Sergiu Neguț, confirmed the workforce reductions in a November 2023 announcement, he did not specify the exact number of employees affected. However, public reports suggest the company, which had around 550 employees two years ago, may now have fewer than 200 staff following multiple rounds of cuts. The layoffs reflect broader market pressures for mature startups to streamline operations and focus on sustainable growth.
