Greenlight, kids-focused fintech startup, lays off 104 employees to optimize expenses

Greenlight, a fintech startup offering debit cards to kids, has laid off 104 employees — or over 21% of its total headcount of 485 employees — to “better align with ongoing operating expenses” amid the economic slowdown.
TechCrunch learned about the layoff that was announced to its employees earlier this week. The startup later confirmed the development over an email.
“The macroeconomic environment has impacted virtually all businesses, including Greenlight. We recently made the difficult decision to better align our ongoing operating expenses with the current environment,

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