Technology

Plaid lays off approximately 260 employees, or 20% of its workforce, citing macroeconomic conditions; the company was valued at ~$13.4B in April 2021 (Mary Ann Azevedo/TechCrunch)

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Mary Ann Azevedo / TechCrunch:

Plaid lays off approximately 260 employees, or 20% of its workforce, citing macroeconomic conditions; the company was valued at ~$13.4B in April 2021  —  CEO says the fintech company ‘hired and invested ahead of revenue growth’  —  Fintech decacorn Plaid is laying off 260 employees …



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