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Funding Societies lays off 65 employees — April 16, 2020

Funding Societies, a finance company based in Singapore, laid off 65 employees on April 16, 2020. At the time, the company was at the Series B stage. The layoff was reported by this source.

Company
Funding Societies
Employees laid off
65
Date
April 16, 2020
Industry
Finance
Country
Singapore
Company stage
Series B
Total raised (pre-layoff)
$42M

Source: https://www.techinasia.com/raising-40m-funding-societies-streamlines-business-pandemic

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