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Pier lays off 111 employees — January 12, 2023

Pier, a finance company based in Brazil, laid off 111 employees on January 12, 2023. At the time, the company was at the Series B stage. The layoff was reported by this source.

Company
Pier
Employees laid off
111
Date
January 12, 2023
Industry
Finance
Country
Brazil
Company stage
Series B
Total raised (pre-layoff)
$42M

Source: https://startups.com.br/noticias/insurtech-pier-demite-cerca-de-39-da-forca-de-trabalho/

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