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Fintech · India

Velocity layoffs

We've tracked one Velocity layoff, in Sep 2023, affecting an undisclosed number of people. None of these cuts were publicly blamed on AI. Headcounts are what was reported at the time, and some may have changed since.

People affected

N/A

Across tracked announcements

Announcements

1

Sep 2023 → Sep 2023

AI-attributed

0%

Of affected people

Every tracked announcement

  1. −Undisclosed(14% of workforce)

    The revenue based financing platform cut staff across verticals as it pushed toward profitability.

    Source: Inc42

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Working at Velocity, or somewhere like it?

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Part of the WorkforceSignal company directory, every event curated from public reporting with conservative AI attribution. See methodology.