Brex Layoffs

Industry Finance · Location SF Bay Area · United States · Subscribe (RSS)

Layoff rounds

480

Employees laid off

Series C

Funding stage

$732M

Total raised

Brex has 3 publicly reported layoff rounds on record between May 29, 2020 and January 23, 2024. A total of about 480 employees were affected across these rounds.

Layoff history

January 23, 2024

Brex cut 282 employees (20% of staff)

282 laid off 20% of workforce Location SF Bay Area

Brex disclosed a workforce reduction affecting its SF Bay Area operations in January 23, 2024. Approximately 282 roles were eliminated.

Source: techcrunch.com

October 11, 2022

Brex cut 136 employees (11% of staff)

136 laid off 11% of workforce Location SF Bay Area

Brex disclosed a workforce reduction affecting its SF Bay Area operations in October 11, 2022. Approximately 136 roles were eliminated.

Source: techcrunch.com

May 29, 2020

Brex cut 62 employees (15% of staff)

62 laid off 15% of workforce Location SF Bay Area

Brex disclosed a workforce reduction affecting its SF Bay Area operations in May 29, 2020. Approximately 62 roles were eliminated.

Source: layoffs.fyi

Data for Brex is compiled from public WARN Act filings and reporting linked above. See our methodology.