Brex Layoffs 2025 Employees In Usa . Layoffs In Usa 2025 Essa Milicent The latest layoffs come in the wake of reports indicating that Brex burned $17 million a month in the fourth quarter of 2023 and had cash reserves to last through March 2026 \ The notice is intended to provide affected employees with sufficient time to prepare for.
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In October 2022, Brex eliminated 136 positions, or 11 percent of its staff, and in June 2020, the company laid off 62 employees. Brex, the fintech startup that made a splash with corporate credit cards and moved into cash management accounts for tech companies, has cut its staff by 20%
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