Moss Layoffs
May 2023
Moss announced a layoff affecting 30 employees in May 2023. The company operates in the Finance sector.
30
May 19, 2023
About
German fintech startup Moss has laid off approximately 30 employees, primarily from its commercial department, as confirmed by the company. This follows a previous round of layoffs in September 2022, when the workforce was reduced from around 500 to about 380 employees. The company, which has raised $160 million and was last valued at $500 million, cites a strategic adjustment to accelerate its path to profitability amid a challenging funding environment. This move is part of a broader trend of workforce reductions within the fintech industry.
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