The Canadian fintech giant, which works toward “democratizing financial products for consumers,” was valued at $4 billion last year. The cutback will account for about 13% of the company’s total staff.
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Wealthsimple Points to Market Downturn As It Lays Off 13% Of Staff
Wealthsimple will join a host of other fintechs downsizing their operations and will lay off 159 employees. So reports TechCrunch.
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