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Zip lays off 300 employees — July 2, 2023

Zip, a finance company based in Australia, laid off 300 employees on July 2, 2023. At the time, the company was at the Post-IPO stage. The layoff was reported by this source.

Company
Zip
Employees laid off
300
Date
July 2, 2023
Industry
Finance
Country
Australia
Company stage
Post-IPO
Total raised (pre-layoff)
$896M

Source: https://www.theaustralian.com.au/business/dataroom/zip-co-sacks-staff-as-buy-now-pay-later-sector-struggles/news-story/6ab956577a322e3f12e4146444e1cb64?amp&nk=842499914bf8dcecd67ffaacf7550303-1688513490

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