Stashaway Layoffs
June 2022
Stashaway announced a layoff affecting 31 employees (14% of its workforce) in June 2022. The company operates in the Finance sector.
31
14%
Jun 9, 2022
About
Stashaway, a Singapore-based digital wealth management platform, laid off 31 employees in June 2023, representing approximately 14% of its workforce at the time. The fintech company cited a strategic restructuring to enhance operational efficiency and focus on core business priorities amid challenging global economic conditions. This reduction affected teams across various functions as part of efforts to streamline operations and ensure long-term sustainability in the competitive financial technology industry.
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