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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.

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.

Read the full article from TechCrunch.

 

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