Fintech startup Pipe has laid off approximately half of its staff, a significant reduction impacting around 50% of its workforce. The layoffs were reported in mid-November 2025, as the company, which operates in the financial technology sector, appears to be restructuring. While the exact number of employees affected wasn't specified, the scale of the cut indicates a major strategic shift for the firm, which provides revenue financing solutions. This move reflects broader challenges and consolidation within the competitive fintech industry as companies adjust their operations amid evolving market conditions.