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Affirm Slashes Nearly 20% in Post-COVID Layoff Round

After its Q2 earnings report was released, fintech Affirm laid off nearly one-fifth of its workforce. So reports the Economic Times

Additionally, the company is also planning to “sunset” several programs including its Affirm Crypto initiative. Employees laid off will be given at least 15 weeks of pay as severance with an additional week's pay for each year the employee worked at the firm.

Read the full article from the Economic Times.

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