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HomeStartup LayoffsMay 2024 › Wefox

Wefox lays off 60 employees — May 16, 2024

Wefox, a finance company based in Germany, laid off 60 employees on May 16, 2024. At the time, the company was at the Series D stage. The layoff was reported by this source.

Company
Wefox
Employees laid off
60
Date
May 16, 2024
Industry
Finance
Country
Germany
Company stage
Series D
Total raised (pre-layoff)
$1300M

Source: https://news.sky.com/story/insurance-unicorn-wefox-warns-investors-of-insolvency-risk-13137125

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More Wefox layoffs

CompanyLaid offDateIndustryCountry
Wefox 100 January 31, 2023 Finance Germany

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