FinanceGB
Funding Circle Layoffs
May 2024
Funding Circle announced a layoff affecting 0 employees in May 2024. The company operates in the Finance sector.
People Affected
0
Announced Date
May 29, 2024
About
Funding Circle, a UK-based online lending platform, has laid off approximately 120 employees, representing about 17% of its global workforce. This restructuring, announced in early 2023, is part of a strategic shift to streamline operations and reduce costs amid challenging economic conditions in the fintech sector. The company, which connects small businesses with investors, is refocusing on its core markets to improve profitability.
Related Events
More Finance Layoffs
Report an Error
If you find incorrect information, please let us know so we can correct it.
support@layoffs.nl