Mmastodon BusinessBanking first seen 21 h ago, last 6 h ago, peak #4
Trustly cuts 200 jobs as losses widen
Original: Open banking fintech Trustly cuts 200 jobs globally The company is cutting around a quarter of its global workforce afte
Open banking payments firm Trustly is cutting around 200 jobs globally, roughly a quarter of its workforce, after a 16.8% revenue drop widened net losses in 2025. The company says it is also pressing ahead with US expansion and has appointed a new chief technology officer as part of the restructuring.
Why now: Major layoffs at a prominent fintech amid falling revenue and widening losses draw wide attention.
Evidence
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