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Rain layoffs — June 2, 2022

Rain, a finance company based in Bahrain, announced a round of layoffs on June 2, 2022. At the time, the company was at the Series B stage. The layoff was reported by this source.

Company
Rain
Employees laid off
Not disclosed
Date
June 2, 2022
Industry
Finance
Country
Bahrain
Company stage
Series B
Total raised (pre-layoff)
$202M

Source: https://www.bloomberg.com/news/articles/2022-06-02/coinbase-backed-rain-cuts-jobs-amid-cryptocurrency-selloff?srnd=technology-vp#xj4y7vzkg

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