Neo Financial says it is cutting 102 positions, amounting to about 10% of its staff
Neo Financial is cutting 102 positions, accounting for approximately 10% of its workforce, according to a post on LinkedIn. The Calgary-based financial technology firm shared the news in a message sent to its employees. The company states the layoffs are taking place across nearly every part of the business. CEO Andrew Chau described the decision as the "hardest day" the company has experienced.
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