Affirm’s stock plunges as it misses earnings, cuts 500 jobs and shutters crypto unit
Citing economic turbulence, buy now, pay later giant Affirm announced today that it is reducing its staff by 19%, or about 500 employees, and shutting down its crypto unit. That leaves the company with about 2,000 employees. In a written statement, founder and CEO Max Levchin said that he takes “full responsibility for this decision … Continue reading Affirm’s stock plunges as it misses earnings, cuts 500 jobs and shutters crypto unit
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