Five months after a $55M Series B, fintech Argyle cuts jobs

Argyle, which wants to help companies and institutions get access to employment records, has laid off a number of employees across all departments, TechCrunch has learned from sources. A spokesperson for the company confirmed the workforce reduction to TechCrunch, saying that it let go of 6.5% of the team, or 20 people.
The figure provided by Argyle does not represent contractors that could have been impacted by the layoff. A spokesperson declined to offer further details on the number of contractors impacted, if any, or what severance was provided to employees, if any.
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