Affirm cuts 19% of workforce, reports losses for fiscal Q2 2023

Affirm Holdings Inc. reported it cut 19% of its workforce on Feb. 8. On Feb. 9, the buy-now-pay-later vendor reported a $322.5 million loss in its fiscal second quarter 2023. Max Levchin, founder and CEO, told investors the company plans to accelerate growth and encourage repeat consumer usage with a smaller, nimbler workforce, according to […] The post Affirm cuts 19% of workforce, reports losses for fiscal Q2 2023 appeared first on Digital Commerce 360.