FinanceGB

Curve Layoffs

June 2022

Curve announced a layoff affecting 65 employees (10% of its workforce) in June 2022. The company operates in the Finance sector.

People Affected

Percentage

10%

Announced Date

Jun 1, 2022

About

Curve, a fintech company, has announced the closure of its AltFi media business after a decade of operation, resulting in layoffs for its entire staff. While the exact number of employees affected hasn't been disclosed, the shutdown is attributed to severe financial headwinds over the past 18 months. The company expressed gratitude to its team and community, marking the end of its role in covering the UK fintech sector. This move reflects broader challenges within the fintech media and information services industry.