Open live tracker
HomeStartup LayoffsMay 2020 › Brex

Brex lays off 62 employees — May 29, 2020

Brex, a finance company based in United States, laid off 62 employees on May 29, 2020. At the time, the company was at the Series C stage. The layoff was reported by this source.

Company
Brex
Employees laid off
62
Date
May 29, 2020
Industry
Finance
Country
United States
Company stage
Series C
Total raised (pre-layoff)
$732M

Source: https://layoffs.fyi/2020/06/01/brex-laid-off-62-employees-to-prioritize-building-over-growing/

Track all startup layoffs live →

More Brex layoffs

CompanyLaid offDateIndustryCountry
Brex 282 January 23, 2024 Finance United States
Brex 136 October 11, 2022 Finance United States

Recent layoffs in United States

CompanyLaid offDateIndustryCountry
Meta 8,000 April 17, 2026 Consumer United States
Shutterfly 80 April 16, 2026 Manufacturing United States
Quora April 16, 2026 Consumer United States
Snap 1,000 April 15, 2026 Consumer United States
UKG 950 April 15, 2026 HR United States

Recent Finance layoffs

CompanyLaid offDateIndustryCountry
Acko 60 April 20, 2026 Finance India
Pepper Pay April 9, 2026 Finance United States
Bolt April 5, 2026 Finance United States
Monzo 50 March 31, 2026 Finance United Kingdom
Covrzy March 31, 2026 Finance India

See all layoffs from May 2020 or the full startup layoffs tracker.