Doing business in Corona

R&R: Redudancy at Revolut hits 60 staff

Not even the hottest fintechs in the world are immune to the COVID-crunch, as Unicorn Revolut moves to make 60 workers across it’s offices redundant. The company stresses that the redudancy come as a last resort and that despite it’s current cash rich position on the heels of a $500 million dollar funding round – cuts had to be made.

Read the original article here

Share this Article
Related Insights
Holland Fintech Digital Transformation Paper 2024
Holland Fintech is proud to present the Digital Transformation Paper 2024. This whitepaper, led by the Holland Fintech working group Digital Transformation in collaboration with Accenture, provides valuable insights into the dynamics and key factors influencing successful collaborations between fintechs and incumbents.
Holland Fintech Pavilion at Money 20/20
Money 20/20 – Join our Pavilion! The Holland Fintech Pavilion offers a unique opportunity to connect with a global audience of fintech professionals. Located at the heart of Money 20/20, the pavilion provides a central hub for networking, collaboration, and exposure.
Amsterdam Fintech Week
Amsterdam FinTech Week is back on 2-4 October 2024! Be a sponsor, co-organizer, or just participate in our community events.