Fintech Bolt just laid off over 100 employees across engineering, sales, and marketing

commerce.”Kuruvilla —
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Ryan Breslow
Connie Loizos

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SOURCE: https://techcrunch.com/2022/05/25/fintech-bolt-just-laid-off-over-100-employees-across-engineering-sales-and-marketing/

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Summary

In an interview with TechCrunch’s Connie Loizos that same month, he said the company had signed roughly 10 major deals in the second half of last year, with each being bigger “than any that Bolt has signed in the company’s history previously.”In early April, Bolt announced plans to acquire crypto startup Wyre for $1.5 billion, a staggering amount for any company, but especially one in a space as mired with controversy as this one.The one-click checkout space has been tense.

As said here by Natasha Mascarenhas, Mary Ann Azevedo

Fintech Bolt just laid off over 100 employees across engineering, sales, and marketing

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Natasha Mascarenhas, Mary Ann Azevedo