Brex cuts 20% of staff amid reports of stalled growth, high burn

Expense management startup Brex, which was valued at $12.3 billion two years ago, has laid off 282 people, or about 20% of its staff today.

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Pedro Franceschi , Andreessen Horowitz , Camilla Morais , Cosmin Nicolaescu , Jason Mok , Henrique Dubugras , Michael Tannenbaum , Silicon Valley Bank , Brex , Mesh Payments ,