Page 24 - Brex News Today

In this edition, I’m going to look at Brex’s latest round of layoffs, the state of fintech investing in 2023 and more! For spend management startup Brex, this was the case for its employee headcount. As things have come down to earth, Brex is attempting a reset, announcing this week it cut 282 employees, or nearly 20% of its staff, in a restructuring.

SAP this week said it will let go of 8,000 employees and Microsoft removed 1,900 positions in its gaming division. Fintech startup Brex laid off 20% of its staff and eBay slashed 1,000 jobs, or 9% of its full-time workforce.

In this edition of TechCrunch's Week in Review (WiR) newsletter, we cover Disney's experimental VR treadmill, OpenAI fixing GPT-4 and more.

On the agenda for this edition is Disney's innovative VR treadmill, OpenAI fixing its "lazy" AI and MIT's high-capacity, fast-charging organic battery tech. Disney's VR treadmill: Disney has developed a treadmill-like system for VR composed of hundreds of small, round "tiles" that look to be about the size of a silver dollar, Brian writes.

January has thus far seen 23,670 known tech layoffs, sourced from 85 known reductions, and hitting tech shops big and small.

Cynthia Paez Bowman is a personal finance writer with degrees from American University in international business and journalism. Besides writing about personal finance, she writes about real estate,...

An Elkhart County couple that has dedicated their lives to helping others was honored Thursday night by the governor’s office.Rex and Nancy Gleim opened Ryan's

So far in January, some 23,670 workers have been laid off, the most in any month since March, according to the website Layoffs.fyi.

Brex and the curse of having too much money Listen here or wherever you get your podcasts. Hello, and welcome to Equity, a podcast about the business of…

Brex may have some hard times ahead.